Rolls-Royce Holdings plc (LON:RR) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Rolls-Royce Holdings plc (LON:RR) have been given a consensus recommendation of “Moderate Buy” by the seven ratings firms that are covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is GBX 1,390.20.

A number of equities analysts have commented on RR shares. JPMorgan Chase & Co. upped their price objective on shares of Rolls-Royce Holdings plc from GBX 1,320 to GBX 1,500 and gave the stock an “overweight” rating in a research report on Tuesday, April 7th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 1,530 target price on shares of Rolls-Royce Holdings plc in a report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Rolls-Royce Holdings plc from GBX 1,290 to GBX 1,550 and gave the stock a “buy” rating in a report on Monday, February 2nd. Finally, Berenberg Bank raised their price objective on shares of Rolls-Royce Holdings plc from GBX 1,250 to GBX 1,270 and gave the company a “hold” rating in a research report on Monday, May 11th.

Insider Buying and Selling at Rolls-Royce Holdings plc

In other Rolls-Royce Holdings plc news, insider Angela Strank purchased 2,154 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The shares were purchased at an average cost of GBX 1,382 per share, for a total transaction of £29,768.28. Also, insider Wendy Mars acquired 152 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The shares were acquired at an average cost of GBX 1,203 per share, for a total transaction of £1,828.56. In the last quarter, insiders bought 2,413 shares of company stock worth $3,300,997 and sold 134,282 shares worth $155,299,783. Corporate insiders own 0.04% of the company’s stock.

Rolls-Royce Holdings plc Trading Up 0.6%

LON:RR opened at GBX 1,164.60 on Wednesday. The firm has a market cap of £99.88 billion, a P/E ratio of 42.45, a PEG ratio of 0.55 and a beta of 1.20. The stock’s 50 day simple moving average is GBX 1,207.58 and its 200-day simple moving average is GBX 1,196.97. Rolls-Royce Holdings plc has a 12-month low of GBX 196.45 and a 12-month high of GBX 537.20.

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

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.