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

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

Several equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. upped their price objective on shares of Rolls-Royce Holdings plc from GBX 1,625 to GBX 1,800 and gave the company an “overweight” rating in a report on Tuesday, August 4th. Citigroup upped their target price on Rolls-Royce Holdings plc from GBX 1,101 to GBX 1,647 and gave the stock a “neutral” rating in a research report on Monday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 1,325 target price on shares of Rolls-Royce Holdings plc in a report on Friday, July 31st. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 1,870 price objective on shares of Rolls-Royce Holdings plc in a research note on Friday, July 31st. Finally, Berenberg Bank lifted 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 report on Tuesday.

Insider Buying and Selling at Rolls-Royce Holdings plc

In other Rolls-Royce Holdings plc news, insider Birgit Behrendt bought 91 shares of the business’s stock in a transaction dated Monday, June 8th. The shares were purchased at an average price of GBX 1,213 per share, for a total transaction of £1,103.83. Also, insider Angela Strank bought 2,373 shares of the business’s stock in a transaction dated Thursday, June 11th. The stock was acquired at an average price of GBX 1,255 per share, for a total transaction of £29,781.15. In the last quarter, insiders purchased 4,749 shares of company stock worth $6,386,523. 0.04% of the stock is currently owned by insiders.

Rolls-Royce Holdings plc Stock Down 1.3%

RR opened at GBX 1,499.40 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 fifty day moving average of GBX 1,441.53 and a 200-day moving average of GBX 1,309.41. The stock has a market cap of £128.59 billion, a PE ratio of 54.66, a price-to-earnings-growth ratio of 0.55 and a beta of 1.20.

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

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.