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

by · The Markets Daily

Shares of Rolls-Royce Holdings plc (LON:RR – Get Free Report) have received a consensus recommendation of “Moderate Buy” from the six research firms that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation and five have given a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is GBX 529 ($7.08).

Several brokerages have weighed in on RR. Bank of America reaffirmed a “buy” rating and set a GBX 675 ($9.03) target price on shares of Rolls-Royce Holdings plc in a research note on Monday, September 2nd. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 640 ($8.56) price objective on shares of Rolls-Royce Holdings plc in a report on Tuesday, September 3rd. JPMorgan Chase & Co. raised their target price on shares of Rolls-Royce Holdings plc from GBX 475 ($6.35) to GBX 535 ($7.16) and gave the company an “overweight” rating in a research note on Tuesday, August 6th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 555 ($7.42) price target on shares of Rolls-Royce Holdings plc in a research note on Tuesday, September 3rd.

View Our Latest Research Report on Rolls-Royce Holdings plc

Insider Buying and Selling at Rolls-Royce Holdings plc

In other Rolls-Royce Holdings plc news, insider Birgit Behrendt bought 241 shares of Rolls-Royce Holdings plc stock in a transaction that occurred on Monday, July 8th. The stock was purchased at an average cost of GBX 455 ($6.09) per share, for a total transaction of £1,096.55 ($1,466.76). In related news, insider Birgit Behrendt bought 241 shares of Rolls-Royce Holdings plc stock in a transaction dated Monday, July 8th. The stock was acquired at an average cost of GBX 455 ($6.09) per share, with a total value of £1,096.55 ($1,466.76). Also, insider Wendy Mars purchased 10,076 shares of the company’s stock in a transaction that occurred on Wednesday, August 28th. The stock was bought at an average cost of GBX 496 ($6.63) per share, for a total transaction of £49,976.96 ($66,849.87). In the last three months, insiders acquired 10,349 shares of company stock valued at $5,122,391. 0.04% of the stock is owned by insiders.

Rolls-Royce Holdings plc Trading Up 2.8 %

RR opened at GBX 533.40 ($7.13) on Friday. The business’s 50 day moving average is GBX 489.82 and its 200-day moving average is GBX 454.18. The stock has a market cap of £45.34 billion, a PE ratio of 1,905.00, a price-to-earnings-growth ratio of 0.54 and a beta of 1.82. Rolls-Royce Holdings plc has a twelve month low of GBX 196.45 ($2.63) and a twelve month high of GBX 535.96 ($7.17).

Rolls-Royce Holdings plc Company Profile

(Get Free Report

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.

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