Deutsche Bank Aktiengesellschaft Reaffirms “Buy” Rating for Rolls-Royce Holdings plc (LON:RR)

Deutsche Bank Aktiengesellschaft restated their buy rating on shares of Rolls-Royce Holdings plc (LON:RR) in a research note issued to investors on Tuesday morning, Marketbeat.com reports. The firm currently has a GBX 555 ($7.30) price target on the stock.

Several other equities analysts also recently commented on RR. Jefferies Financial Group reiterated a buy rating and set a GBX 640 ($8.42) price target on shares of Rolls-Royce Holdings plc in a report on Tuesday. Bank of America reissued a buy rating and set a GBX 675 ($8.88) target price on shares of Rolls-Royce Holdings plc in a research report on Monday. JPMorgan Chase & Co. raised their price target on Rolls-Royce Holdings plc from GBX 475 ($6.25) to GBX 535 ($7.03) and gave the company an overweight rating in a research report on Tuesday, August 6th. Finally, Shore Capital restated a buy rating on shares of Rolls-Royce Holdings plc in a research note on Thursday, May 23rd. One analyst has rated the stock with a sell rating and five have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of Moderate Buy and a consensus price target of GBX 529 ($6.96).

Rolls-Royce Holdings plc Price Performance

Shares of LON RR opened at GBX 477.90 ($6.28) on Tuesday. Rolls-Royce Holdings plc has a one year low of GBX 196.45 ($2.58) and a one year high of GBX 505 ($6.64). The business’s 50-day moving average price is GBX 468.18 and its two-hundred day moving average price is GBX 434.82. The company has a market capitalization of £40.62 billion, a P/E ratio of 1,716.79, a price-to-earnings-growth ratio of 0.58 and a beta of 1.82.

Insiders Place Their Bets

In other news, insider Birgit Behrendt bought 241 shares of the stock in a transaction dated Monday, July 8th. The stock was bought at an average cost of GBX 455 ($5.98) per share, with a total value of £1,096.55 ($1,441.88). In other Rolls-Royce Holdings plc news, insider Birgit Behrendt acquired 241 shares of the business’s stock in a transaction that occurred on Monday, July 8th. The shares were acquired at an average cost of GBX 455 ($5.98) per share, for a total transaction of £1,096.55 ($1,441.88). Also, insider Wendy Mars acquired 10,076 shares of Rolls-Royce Holdings plc stock in a transaction on Wednesday, August 28th. The stock was acquired at an average cost of GBX 496 ($6.52) per share, for a total transaction of £49,976.96 ($65,715.92). Insiders own 0.04% of the company’s stock.

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.