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

Rolls-Royce Holdings plc (LON:RR) has been assigned an average rating of “Moderate Buy” from the seven analysts that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 1,447.20.

RR has been the topic of a number of recent research reports. JPMorgan Chase & Co. increased their price target 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 report on Monday, June 29th. Berenberg Bank boosted 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. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 1,530 price objective on shares of Rolls-Royce Holdings plc in a research note on Thursday, April 30th.

Rolls-Royce Holdings plc Price Performance

LON:RR opened at GBX 1,415.60 on Monday. The business has a 50 day moving average of GBX 1,343.94 and a 200 day moving average of GBX 1,276.85. The company has a market capitalization of £121.41 billion, a price-to-earnings ratio of 51.60, a PEG ratio of 0.55 and a beta of 1.20. Rolls-Royce Holdings plc has a 1-year low of GBX 196.45 and a 1-year high of GBX 537.20.

Insider Buying and Selling

In other Rolls-Royce Holdings plc news, insider Birgit Behrendt purchased 91 shares of the stock in a transaction on Monday, June 8th. The stock was acquired at an average cost of GBX 1,213 per share, with a total value of £1,103.83. Also, insider Helen McCabe sold 1,359 shares of the company’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of GBX 1,303, for a total transaction of £17,707.77. Insiders have bought 2,837 shares of company stock worth $3,598,282 over the last 90 days. Insiders own 0.04% of the company’s stock.

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.