Rolls-Royce Holdings plc (LON:RR) Stock Has Consensus Target Price of GBX 1,690.33

Rolls-Royce Holdings plc (LON:RR) has received an average recommendation of “Moderate Buy” from the six ratings firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price target among brokers that have covered the stock in the last year is GBX 1,690.33.

A number of brokerages recently weighed in on RR. Citigroup boosted their price target on shares of Rolls-Royce Holdings plc from GBX 1,101 to GBX 1,647 and gave the company a “neutral” rating in a research report on Monday, August 17th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 1,600 price objective on shares of Rolls-Royce Holdings plc in a report on Friday, July 31st. Berenberg Bank lifted their target price on Rolls-Royce Holdings plc from GBX 1,430 to GBX 1,900 and gave the stock a “buy” rating in a research report on Tuesday, August 18th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,870 target price on shares of Rolls-Royce Holdings plc in a report on Friday, July 31st. Finally, JPMorgan Chase & Co. upped their target price on Rolls-Royce Holdings plc from GBX 1,625 to GBX 1,800 and gave the company an “overweight” rating in a research report on Tuesday, August 4th.

Insider Buying and Selling at Rolls-Royce Holdings plc

In other Rolls-Royce Holdings plc news, insider Wendy Mars bought 144 shares of Rolls-Royce Holdings plc stock in a transaction dated Monday, November 9th. The stock was acquired at an average cost of GBX 1,268 per share, with a total value of £1,825.92. Also, insider Birgit Behrendt bought 87 shares of the firm’s stock in a transaction dated Monday, November 9th. The shares were acquired at an average price of GBX 1,268 per share, with a total value of £1,103.16. Over the last quarter, insiders bought 8,957 shares of company stock worth $12,767,567. 0.04% of the stock is owned by insiders.

Rolls-Royce Holdings plc Trading Up 0.8%

Shares of Rolls-Royce Holdings plc stock opened at GBX 1,330.80 on Wednesday. The company has a fifty day simple moving average of GBX 1,389.03 and a 200-day simple moving average of GBX 1,334.06. The stock has a market cap of £114.13 billion, a price-to-earnings ratio of 48.51, a PEG 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 Company Profile

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.