Rolls-Royce Holdings plc (LON:RR) Receives GBX 553 Consensus Price Target from Analysts

Rolls-Royce Holdings plc (LON:RR) has received a consensus recommendation of “Moderate Buy” from the six ratings firms that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating and five have issued a buy rating on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is GBX 553 ($6.93).

Several equities analysts have commented on RR shares. Shore Capital reiterated a “buy” rating on shares of Rolls-Royce Holdings plc in a report on Thursday, November 7th. Jefferies Financial Group restated a “buy” rating and set a GBX 640 ($8.02) price target on shares of Rolls-Royce Holdings plc in a report on Tuesday, September 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 555 ($6.96) price target on shares of Rolls-Royce Holdings plc in a research report on Tuesday, September 3rd. Bank of America restated a “buy” rating and set a GBX 675 ($8.46) target price on shares of Rolls-Royce Holdings plc in a research note on Monday, September 2nd. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 655 ($8.21) price target on shares of Rolls-Royce Holdings plc in a research report on Thursday, November 7th.

Insider Buying and Selling

In other Rolls-Royce Holdings plc news, insider Wendy Mars acquired 10,076 shares of the company’s stock in a transaction dated Wednesday, August 28th. The stock was bought at an average price of GBX 496 ($6.22) per share, for a total transaction of £49,976.96 ($62,651.32). Insiders have bought a total of 10,135 shares of company stock valued at $5,027,721 over the last three months. 0.04% of the stock is owned by corporate insiders.

Rolls-Royce Holdings plc Stock Performance

RR opened at GBX 545.60 ($6.84) on Friday. The company has a market cap of £46.38 billion, a PE ratio of 1,931.43, a price-to-earnings-growth ratio of 0.55 and a beta of 1.82. The stock has a 50-day moving average of GBX 538.90 and a 200-day moving average of GBX 487.24. Rolls-Royce Holdings plc has a 52-week low of GBX 196.45 ($2.46) and a 52-week high of GBX 537.20 ($6.73).

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.