Rolls-Royce Holdings plc (LON:RR) Stock Rated “Moderate Buy” by Wall Street Brokerages

Shares of Rolls-Royce Holdings plc (LON:RR) have earned an average rating of “Moderate Buy” from the six ratings firms that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is GBX 1,690.33.

Several equities research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 1,325 price objective on shares of Rolls-Royce Holdings plc in a research note on Friday, July 31st. Jefferies Financial Group restated a “buy” rating and issued a GBX 1,870 target price on shares of Rolls-Royce Holdings plc in a research note on Friday, July 31st. Berenberg Bank upped 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 report on Tuesday, August 18th. Citigroup increased their price target 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, August 17th. Finally, JPMorgan Chase & Co. lifted their price target on Rolls-Royce Holdings plc from GBX 1,625 to GBX 1,800 and gave the stock an “overweight” rating in a report on Tuesday, August 4th.

Insider Buying and Selling

In related news, insider Angela Strank acquired 1,712 shares of the firm’s stock in a transaction that occurred on Thursday, July 30th. The stock was acquired at an average price of GBX 1,449 per share, for a total transaction of £24,806.88. Also, insider Wendy Mars acquired 128 shares of the firm’s stock in a transaction that occurred on Wednesday, October 7th. The shares were bought at an average price of GBX 1,427 per share, with a total value of £1,826.56. In the last ninety days, insiders have purchased 10,624 shares of company stock valued at $15,244,934. 0.04% of the stock is owned by insiders.

Rolls-Royce Holdings plc Price Performance

Shares of RR stock opened at GBX 1,385.20 on Friday. The firm has a 50-day moving average of GBX 1,490.64 and a 200-day moving average of GBX 1,359.20. Rolls-Royce Holdings plc has a one year low of GBX 196.45 and a one year high of GBX 537.20. The company has a market cap of £118.80 billion, a P/E ratio of 50.49, a P/E/G ratio of 0.55 and a beta of 1.20.

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 for the quarter. Rolls-Royce Holdings plc had a net margin of 13.11% and a return on equity of 108.91%. As a group, research analysts expect that Rolls-Royce Holdings plc will post 8.60 earnings per share 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.