Rolls-Royce Holdings plc (LON:RR) Receives GBX 1,244 Consensus Target Price from Analysts

Rolls-Royce Holdings plc (LON:RR) has been assigned a consensus rating of “Moderate Buy” from the six research firms that are presently covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is GBX 1,244.

A number of analysts have recently issued reports on RR shares. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Rolls-Royce Holdings plc from GBX 1,290 to GBX 1,550 and gave the company a “buy” rating in a research note on Monday, February 2nd. Berenberg Bank raised shares of Rolls-Royce Holdings plc to a “hold” rating and lifted their price target for the stock from GBX 240 to GBX 1,080 in a research note on Monday, October 20th.

Insiders Place Their Bets

In other Rolls-Royce Holdings plc news, insider Birgit Behrendt purchased 100 shares of Rolls-Royce Holdings plc stock in a transaction that occurred on Monday, December 8th. The stock was purchased at an average price of GBX 1,096 per share, with a total value of £1,096. Also, insider Helen McCabe sold 1,927 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of GBX 1,164, for a total value of £22,430.28. In the last ninety days, insiders have acquired 516 shares of company stock worth $605,142 and have sold 19,783 shares worth $22,879,196. 0.04% of the stock is currently owned by corporate insiders.

Rolls-Royce Holdings plc Stock Performance

Shares of LON:RR opened at GBX 1,229 on Monday. The business’s 50-day simple moving average is GBX 1,182.03 and its 200 day simple moving average is GBX 1,128.51. The company has a market cap of £105.40 billion, a P/E ratio of 44.80, a PEG ratio of 0.55 and a beta of 1.82. Rolls-Royce Holdings plc has a one year low of GBX 196.45 and a one year 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.