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

Rolls-Royce Holdings plc (LON:RR) has been given an average rating of “Moderate Buy” by the six ratings firms that are presently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is GBX 1,161.50.

Several brokerages have recently issued reports on RR. Berenberg Bank upgraded Rolls-Royce Holdings plc to a “hold” rating and lifted their price target for the company from GBX 240 to GBX 1,080 in a report on Monday, October 20th. Morgan Stanley reiterated an “overweight” rating on shares of Rolls-Royce Holdings plc in a research note on Friday, September 5th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Rolls-Royce Holdings plc from GBX 1,000 to GBX 1,220 and gave the stock a “buy” rating in a research note on Thursday, August 7th. Shore Capital restated a “hold” rating on shares of Rolls-Royce Holdings plc in a report on Thursday, July 31st. Finally, Citigroup upped their price objective on shares of Rolls-Royce Holdings plc from GBX 641 to GBX 1,101 and gave the stock a “neutral” rating in a report on Friday, August 29th.

Insider Activity at Rolls-Royce Holdings plc

In related news, insider Tufan Erginbilgic sold 7,433 shares of the business’s stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of GBX 1,133, for a total value of £84,215.89. Also, insider Helen McCabe sold 2,874 shares of the company’s stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of GBX 1,133, for a total value of £32,562.42. In the last 90 days, insiders have purchased 3,236 shares of company stock worth $3,706,807 and have sold 27,669 shares worth $30,829,818. Insiders own 0.04% of the company’s stock.

Rolls-Royce Holdings plc Price Performance

Shares of LON RR opened at GBX 1,120.50 on Friday. Rolls-Royce Holdings plc has a one year low of GBX 196.45 and a one year high of GBX 537.20. The business’s 50-day moving average price is GBX 1,139.53 and its two-hundred day moving average price is GBX 1,007.25. The company has a market capitalization of £96.10 billion, a P/E ratio of 40.85, a price-to-earnings-growth ratio of 0.55 and a beta of 1.82.

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.