Rolls-Royce Holdings plc (LON:RR) Given “Outperform” Rating at Royal Bank Of Canada

Rolls-Royce Holdings plc (LON:RRGet Free Report)‘s stock had its “outperform” rating reaffirmed by stock analysts at Royal Bank Of Canada in a research report issued to clients and investors on Friday,London Stock Exchange reports. They presently have a GBX 1,600 target price on the stock. Royal Bank Of Canada’s target price points to a potential upside of 9.36% from the company’s current price.

A number of other equities analysts also recently commented on RR. Berenberg Bank raised their price objective on shares of Rolls-Royce Holdings plc from GBX 1,270 to GBX 1,430 and gave the stock a “buy” rating in a report on Friday, June 12th. JPMorgan Chase & Co. upped their target price on shares of Rolls-Royce Holdings plc from GBX 1,500 to GBX 1,625 and gave the company an “overweight” rating in a research note on Monday, June 29th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,870 price target on shares of Rolls-Royce Holdings plc in a research report on Friday. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 1,325 price target on shares of Rolls-Royce Holdings plc in a research report on Friday. Six equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of GBX 1,491.83.

View Our Latest Research Report on Rolls-Royce Holdings plc

Rolls-Royce Holdings plc Price Performance

Shares of LON RR traded up GBX 83 during trading hours on Friday, reaching GBX 1,463. The stock had a trading volume of 18,472,525 shares. The company has a market cap of £125.47 billion, a price-to-earnings ratio of 53.33, a PEG ratio of 0.55 and a beta of 1.20. Rolls-Royce Holdings plc has a twelve month low of GBX 196.45 and a twelve month high of GBX 537.20. The business’s fifty day moving average is GBX 1,362.77 and its two-hundred day moving average is GBX 1,281.22.

Rolls-Royce Holdings plc (LON:RRGet Free Report) last posted 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 27.54% and a return on equity of 227.54%. Sell-side analysts forecast that Rolls-Royce Holdings plc will post 8.5952 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Rolls-Royce Holdings plc news, insider Angela Strank acquired 2,373 shares of Rolls-Royce Holdings plc stock in a transaction on Thursday, June 11th. The shares were bought at an average price of GBX 1,255 per share, with a total value of £29,781.15. Also, insider Birgit Behrendt bought 91 shares of the firm’s stock in a transaction dated Monday, June 8th. The shares were acquired at an average price of GBX 1,213 per share, for a total transaction of £1,103.83. In the last quarter, insiders have acquired 4,549 shares of company stock valued at $6,078,970. Insiders own 0.04% of the company’s stock.

About Rolls-Royce Holdings plc

(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.

Recommended Stories

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

Receive News & Ratings for Rolls-Royce Holdings plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rolls-Royce Holdings plc and related companies with MarketBeat.com's FREE daily email newsletter.