Rolls-Royce Holdings plc (LON:RR) Stock Now Rated “Moderate Buy” by Sell-Side Analysts

Rolls-Royce Holdings plc (LON:RR – Get Free Report) has been given a consensus rating of “Moderate Buy” by the six brokerages that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is GBX 1,690.33.

A number of research firms have recently weighed in on RR. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 1,600 price objective on shares of Rolls-Royce Holdings plc in a research note on Friday, July 31st. Citigroup boosted their target price on shares of 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. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 1,325 price target on shares of Rolls-Royce Holdings plc in a report on Friday, July 31st. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 1,870 price target on shares of Rolls-Royce Holdings plc in a research report on Friday, July 31st. Finally, JPMorgan Chase & Co. increased 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 research report on Tuesday, August 4th.

Check Out Our Latest Report on RR

Rolls-Royce Holdings plc Trading Down 1.2%

Shares of LON RR opened at GBX 1,260.60 on Wednesday. Rolls-Royce Holdings plc has a 12 month low of GBX 196.45 and a 12 month high of GBX 537.20. The company has a 50 day simple moving average of GBX 1,414.80 and a two-hundred day simple moving average of GBX 1,334.09. The stock has a market cap of £108.11 billion, a price-to-earnings ratio of 45.95, a PEG ratio of 0.55 and a beta of 1.20.

Insider Activity

In related news, insider Angela Strank bought 1,383 shares of the company’s stock in a transaction that occurred on Thursday, September 10th. The shares were purchased at an average cost of GBX 1,435 per share, with a total value of £19,846.05. Also, insider Wendy Mars purchased 128 shares of Rolls-Royce Holdings plc 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. Insiders purchased a total of 8,912 shares of company stock valued at $12,764,246 in the last quarter. 0.04% of the stock is currently owned by company insiders.

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. 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.

Further Reading

Analyst Recommendations for Rolls-Royce Holdings plc (LON:RR)

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