Rolls-Royce Holdings plc (RR.L) – What Are Investment Firms Saying About This Stock?

Shares of Rolls-Royce Holdings plc (LON:RR) have earned a consensus rating of “Moderate Buy” from the six ratings firms that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is GBX 1,690.33.

RR has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 1,325 target price on shares of Rolls-Royce Holdings plc in a research note on Friday, July 31st. Berenberg Bank boosted their price objective on Rolls-Royce Holdings plc from GBX 1,430 to GBX 1,900 and gave the company a “buy” rating in a research report on Tuesday, August 18th. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 1,600 price objective on shares of Rolls-Royce Holdings plc in a research report on Friday, July 31st. JPMorgan Chase & Co. upped 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 research note on Tuesday, August 4th. Finally, Citigroup increased their target price on 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.

Rolls-Royce Holdings plc Stock Performance

RR opened at GBX 1,260.60 on Wednesday. Rolls-Royce Holdings plc has a fifty-two week low of GBX 196.45 and a fifty-two week high of GBX 537.20. The company has a fifty day moving average of GBX 1,414.80 and a two-hundred day moving average of GBX 1,334.09. The stock has a market capitalization of £108.11 billion, a price-to-earnings ratio of 45.95, a PEG ratio of 0.55 and a beta of 1.20.

Insider Buying and Selling

In related news, insider Angela Strank acquired 1,383 shares of Rolls-Royce Holdings plc 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 acquired 128 shares of the firm’s stock in a transaction on Wednesday, October 7th. The shares were bought at an average cost of GBX 1,427 per share, for a total transaction of £1,826.56. In the last quarter, insiders purchased 8,912 shares of company stock valued at $12,764,246. 0.04% of the stock is owned by corporate 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.