Rolls-Royce Holdings plc (LON:RR) Price Target Raised to GBX 1,250

Rolls-Royce Holdings plc (LON:RR) had its price objective lifted by Berenberg Bank from GBX 1,080 to GBX 1,250 in a research report report published on Wednesday morning, MarketBeat reports. Berenberg Bank currently has a hold rating on the stock.

Separately, Deutsche Bank Aktiengesellschaft raised their price target on shares of Rolls-Royce Holdings plc from GBX 1,290 to GBX 1,550 and gave the company a “buy” rating in a report on Monday, February 2nd. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,286.50.

Rolls-Royce Holdings plc Trading Down 1.9%

RR stock opened at GBX 1,265 on Wednesday. The stock has a 50-day moving average price of GBX 1,259.41 and a two-hundred day moving average price of GBX 1,164.27. 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 market cap of £108.49 billion, a PE ratio of 46.11, a price-to-earnings-growth ratio of 0.55 and a beta of 1.17.

Rolls-Royce Holdings plc (LON:RR) last announced its quarterly earnings results on Thursday, February 26th. The company reported GBX 29.55 EPS for the quarter. Rolls-Royce Holdings plc had a return on equity of 227.54% and a net margin of 27.54%. Equities analysts forecast that Rolls-Royce Holdings plc will post 8.5952 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Wendy Mars acquired 167 shares of the stock in a transaction on Monday, December 8th. The stock was bought at an average price of GBX 1,096 per share, with a total value of £1,830.32. Also, insider Tufan Erginbilgic sold 4,986 shares of Rolls-Royce Holdings plc stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of GBX 1,164, for a total transaction of £58,037.04. In the last 90 days, insiders have bought 2,922 shares of company stock worth $3,895,082 and have sold 19,417 shares worth $23,924,144. 0.04% of the stock is owned by company insiders.

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. 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.