Jefferies Financial Group restated their buy rating on shares of Rolls-Royce Holdings plc (LON:RR – Free Report) in a research note issued to investors on Friday,Digital Look reports. They currently have a GBX 1,870 price target on the stock.
Several other brokerages have also recently issued reports on RR. JPMorgan Chase & Co. upped their price objective on shares of Rolls-Royce Holdings plc from GBX 1,500 to GBX 1,625 and gave the company an “overweight” rating in a research note on Monday, June 29th. Berenberg Bank raised their target price on shares of Rolls-Royce Holdings plc from GBX 1,270 to GBX 1,430 and gave the stock a “buy” rating in a research note on Friday, June 12th. Six analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Rolls-Royce Holdings plc presently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,491.83.
Check Out Our Latest Report on Rolls-Royce Holdings plc
Rolls-Royce Holdings plc Stock Up 0.3%
Rolls-Royce Holdings plc (LON:RR – Get Free Report) last posted 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 net margin of 13.11% and a return on equity of 108.91%. On average, research analysts anticipate that Rolls-Royce Holdings plc will post 8.5952 EPS for the current fiscal year.
Insider Buying and Selling
In related news, insider Birgit Behrendt bought 74 shares of the business’s stock in a transaction on Tuesday, July 7th. The stock was acquired at an average cost of GBX 1,483 per share, with a total value of £1,097.42. Also, insider Helen McCabe sold 1,359 shares of the firm’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of GBX 1,303, for a total value of £17,707.77. Insiders bought 4,549 shares of company stock worth $6,078,970 over the last quarter. Corporate insiders own 0.04% of the company’s stock.
Key Headlines Impacting Rolls-Royce Holdings plc
Here are the key news stories impacting Rolls-Royce Holdings plc this week:
- Positive Sentiment: Strong first-half performance: Rolls-Royce reported first-half revenue of £11.45 billion and quarterly earnings of 22.17 pence per share. The company also reported a 27.54% net margin and 227.54% return on equity, reinforcing confidence in its earnings recovery and profitability. Rolls-Royce first-half results
- Positive Sentiment: Favorable analyst views: Royal Bank of Canada reaffirmed its “outperform” rating and set a GBX 1,600 target, while Jefferies maintained a “buy” rating with a substantially higher GBX 1,870 target. These targets imply further upside from the recent trading level. Broker ratings
- Positive Sentiment: Insider buying: Director Angela Strank purchased 1,712 shares for approximately £24,807 at GBX 1,449 each. The purchase may signal management confidence in Rolls-Royce’s valuation and prospects.
- Neutral Sentiment: Mixed valuation signals: Deutsche Bank reaffirmed its “buy” rating but lowered or set a GBX 1,325 target, below the recent share price. This suggests analysts remain constructive on the business while differing on how much upside remains.
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.
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