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

Rolls-Royce Holdings plc (LON:RR) has earned an average rating of “Moderate Buy” from the six brokerages that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is GBX 1,690.33.

Several research analysts have issued reports on RR shares. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 1,600 price target on shares of Rolls-Royce Holdings plc in a research report on Friday, July 31st. Berenberg Bank raised their price objective on Rolls-Royce Holdings plc from GBX 1,430 to GBX 1,900 and gave the stock a “buy” rating in a research note on Tuesday, August 18th. JPMorgan Chase & Co. lifted their target price on Rolls-Royce Holdings plc from GBX 1,625 to GBX 1,800 and gave the stock an “overweight” rating in a report on Tuesday, August 4th. Citigroup boosted their target price on Rolls-Royce Holdings plc from GBX 1,101 to GBX 1,647 and gave the stock a “neutral” rating in a research report on Monday, August 17th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 1,325 target price on shares of Rolls-Royce Holdings plc in a report on Friday, July 31st.

Insiders Place Their Bets

In other news, insider Angela Strank bought 1,383 shares of the firm’s stock in a transaction on Thursday, September 10th. The stock was bought at an average cost of GBX 1,435 per share, for a total transaction of £19,846.05. Also, insider Wendy Mars bought 123 shares of the company’s stock in a transaction dated Monday, September 7th. The stock was purchased at an average cost of GBX 1,490 per share, for a total transaction of £1,832.70. In the last quarter, insiders have purchased 10,615 shares of company stock worth $15,243,476. Company insiders own 0.04% of the company’s stock.

Rolls-Royce Holdings plc Price Performance

Shares of RR opened at GBX 1,450 on Tuesday. The firm’s 50 day moving average is GBX 1,470.76 and its 200-day moving average is GBX 1,339.77. The stock has a market capitalization of £124.36 billion, a P/E ratio of 52.86, a P/E/G ratio of 0.55 and a beta of 1.20. 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 released 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 13.11% and a return on equity of 108.91%. As a group, equities 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.