Rolls-Royce Holdings plc (LON:RR) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Rolls-Royce Holdings plc (LON:RR) have been given a consensus rating of “Moderate Buy” by the seven analysts that are covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is GBX 1,390.20.

Several analysts have recently weighed in on the company. JPMorgan Chase & Co. boosted their price target on Rolls-Royce Holdings plc from GBX 1,320 to GBX 1,500 and gave the stock an “overweight” rating in a report on Tuesday, April 7th. Berenberg Bank lifted their target price on shares of Rolls-Royce Holdings plc from GBX 1,250 to GBX 1,270 and gave the stock a “hold” rating in a research report on Monday, May 11th. Finally, Jefferies Financial Group reissued a “buy” rating and set a GBX 1,530 target price on shares of Rolls-Royce Holdings plc in a report on Thursday, April 30th.

Insider Buying and Selling at Rolls-Royce Holdings plc

In other Rolls-Royce Holdings plc news, insider Helen McCabe sold 1,359 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of GBX 1,303, for a total transaction of £17,707.77. Also, insider Wendy Mars bought 151 shares of Rolls-Royce Holdings plc stock in a transaction on Monday, June 8th. The shares were acquired at an average cost of GBX 1,213 per share, for a total transaction of £1,831.63. Over the last 90 days, insiders bought 254 shares of company stock valued at $308,594 and sold 133,395 shares valued at $154,080,640. 0.04% of the stock is currently owned by insiders.

Rolls-Royce Holdings plc Stock Up 4.4%

Shares of RR stock opened at GBX 1,308 on Friday. Rolls-Royce Holdings plc has a twelve month low of GBX 196.45 and a twelve month high of GBX 537.20. The company has a market cap of £112.18 billion, a P/E ratio of 47.68, a P/E/G ratio of 0.55 and a beta of 1.22. The business has a fifty day simple moving average of GBX 1,225.06 and a 200 day simple moving average of GBX 1,212.17.

Rolls-Royce Holdings plc Company Profile

Rolls-Royce Holdings plc develops and delivers complex power and propulsion solutions for air, sea, and land in the United Kingdom and internationally. The company operates through four segments: Civil Aerospace, Defence, Power Systems, and New Markets. The Civil Aerospace segment develops, manufactures, markets, and sells aero engines for large commercial aircraft, regional jet, and business aviation markets, as well as provides aftermarket services. The Defence segment is involved in the development, manufacture, marketing, and sale of military aero engines, naval engines, and submarine nuclear power plants, as well as offers aftermarket services.