Rolls-Royce Holdings plc (LON:RR) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Rolls-Royce Holdings plc (LON:RR) have been given an average recommendation of “Moderate Buy” by the seven ratings firms that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is GBX 1,690.33.

Several equities research analysts have commented on the company. Berenberg Bank boosted their target price on Rolls-Royce Holdings plc from GBX 1,430 to GBX 1,900 and gave the company a “buy” rating in a research note on Tuesday. Royal Bank Of Canada restated an “outperform” rating and set a GBX 1,600 target price on shares of Rolls-Royce Holdings plc in a report on Friday, July 31st. JPMorgan Chase & Co. lifted their price target on shares of Rolls-Royce Holdings plc from GBX 1,625 to GBX 1,800 and gave the company an “overweight” rating in a research note on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 1,325 price target on shares of Rolls-Royce Holdings plc in a research report on Friday, July 31st. Finally, Citigroup lifted their target price on Rolls-Royce Holdings plc from GBX 1,101 to GBX 1,647 and gave the company a “neutral” rating in a research report on Monday.

Rolls-Royce Holdings plc Trading Down 1.3%

Shares of LON RR opened at GBX 1,499.40 on Friday. The firm has a market cap of £128.59 billion, a PE ratio of 54.66, a PEG ratio of 0.55 and a beta of 1.20. Rolls-Royce Holdings plc has a 1-year low of GBX 196.45 and a 1-year high of GBX 537.20. The company has a fifty day moving average price of GBX 1,441.53 and a 200 day moving average price of GBX 1,309.41.

Rolls-Royce Holdings plc (LON:RR) last released its quarterly earnings results on Thursday, July 30th. The company reported GBX 22.17 earnings per share (EPS) for the quarter. Rolls-Royce Holdings plc had a return on equity of 108.91% and a net margin of 13.11%. Equities research analysts forecast that Rolls-Royce Holdings plc will post 8.5952 EPS for the current year.

Insider Activity at Rolls-Royce Holdings plc

In other news, insider Tufan Erginbilgic sold 3,516 shares of the firm’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 value of £45,813.48. Also, insider Birgit Behrendt purchased 91 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The shares were bought at an average cost of GBX 1,213 per share, for a total transaction of £1,103.83. In the last three months, insiders purchased 4,749 shares of company stock valued at $6,386,523. 0.04% of the stock is currently owned by company insiders.

About Rolls-Royce Holdings plc

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.