Rolls-Royce Holdings plc (LON:RR) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Rolls-Royce Holdings plc (LON:RR) have been assigned a consensus recommendation of “Moderate Buy” from the seven brokerages that are presently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 1,447.20.

A number of equities analysts have recently commented on the company. JPMorgan Chase & Co. lifted their price objective on Rolls-Royce Holdings plc from GBX 1,500 to GBX 1,625 and gave the stock an “overweight” rating in a research note on Monday. Jefferies Financial Group restated a “buy” rating and set a GBX 1,530 target price on shares of Rolls-Royce Holdings plc in a research note on Thursday, April 30th. Finally, Berenberg Bank raised their target price on Rolls-Royce Holdings plc from GBX 1,270 to GBX 1,430 and gave the company a “buy” rating in a report on Friday, June 12th.

Insiders Place Their Bets

In related news, insider Wendy Mars acquired 151 shares of the company’s stock in a transaction dated Monday, June 8th. The shares were bought at an average price of GBX 1,213 per share, for a total transaction of £1,831.63. Also, insider Birgit Behrendt acquired 91 shares of the business’s stock in a transaction dated Monday, June 8th. The shares were bought at an average cost of GBX 1,213 per share, with a total value of £1,103.83. In the last 90 days, insiders have acquired 2,627 shares of company stock valued at $3,286,709 and have sold 10,220 shares valued at $12,429,390. Insiders own 0.04% of the company’s stock.

Rolls-Royce Holdings plc Price Performance

Rolls-Royce Holdings plc stock opened at GBX 1,461 on Thursday. The firm has a market cap of £125.30 billion, a price-to-earnings ratio of 53.26, a P/E/G ratio of 0.55 and a beta of 1.22. 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 firm has a fifty day moving average price of GBX 1,265.42 and a two-hundred day moving average price of GBX 1,243.57.

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.