Rolls-Royce Holdings plc (LON:RR) Given “Buy” Rating at Jefferies Financial Group

Rolls-Royce Holdings plc (LON:RR)‘s stock had its “buy” rating reissued by Jefferies Financial Group in a research report issued on Friday,Digital Look reports. They currently have a GBX 1,870 target price on the stock. Jefferies Financial Group’s target price would indicate a potential upside of 27.82% from the stock’s previous close.

A number of other equities analysts also recently issued reports on RR. JPMorgan Chase & Co. upped their price target on Rolls-Royce Holdings plc from GBX 1,500 to GBX 1,625 and gave the stock an “overweight” rating in a research report on Monday, June 29th. Berenberg Bank raised their price objective on Rolls-Royce Holdings plc from GBX 1,270 to GBX 1,430 and gave the stock a “buy” rating in a research report on Friday, June 12th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,470.20.

Rolls-Royce Holdings plc Stock Up 6.0%

Shares of Rolls-Royce Holdings plc stock opened at GBX 1,463 on Friday. The company has a market cap of £125.47 billion, a P/E ratio of 53.33, a PEG ratio of 0.55 and a beta of 1.20. The firm’s 50 day moving average price is GBX 1,362.77 and its 200-day moving average price is GBX 1,281.22. Rolls-Royce Holdings plc has a 52-week low of GBX 196.45 and a 52-week high of GBX 537.20.

Rolls-Royce Holdings plc (LON:RR) last posted its earnings results on Thursday, July 30th. The company reported GBX 22.17 EPS for the quarter. Rolls-Royce Holdings plc had a net margin of 27.54% and a return on equity of 227.54%. As a group, equities research analysts forecast that Rolls-Royce Holdings plc will post 8.5952 EPS for the current fiscal year.

Insider Transactions at Rolls-Royce Holdings plc

In related news, insider Angela Strank bought 2,373 shares of the stock in a transaction that occurred on Thursday, June 11th. The stock was bought at an average cost of GBX 1,255 per share, for a total transaction of £29,781.15. Also, insider Wendy Mars bought 151 shares of the company’s stock in a transaction on Monday, June 8th. The shares were bought at an average cost of GBX 1,213 per share, for a total transaction of £1,831.63. Insiders bought a total of 2,837 shares of company stock worth $3,598,282 over the last ninety days. 0.04% of the stock is currently owned by 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.