Rolls-Royce Holdings plc (LON:RR) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Rolls-Royce Holdings plc (LON:RR) has received an average rating of “Moderate Buy” from the seven brokerages that are covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is GBX 1,390.20.

A number of brokerages have recently commented on RR. JPMorgan Chase & Co. upped their price target on Rolls-Royce Holdings plc from GBX 1,320 to GBX 1,500 and gave the stock an “overweight” rating in a report on Tuesday, April 7th. Berenberg Bank upped their price target on Rolls-Royce Holdings plc from GBX 1,250 to GBX 1,270 and gave the stock a “hold” rating in a report on Monday, May 11th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,530 price target on shares of Rolls-Royce Holdings plc in a report on Thursday, April 30th.

Rolls-Royce Holdings plc Stock Performance

RR opened at GBX 1,260 on Friday. The business has a 50 day moving average price of GBX 1,214.27 and a 200 day moving average price of GBX 1,206.50. Rolls-Royce Holdings plc has a twelve month low of GBX 196.45 and a twelve month high of GBX 537.20. The firm has a market cap of £108.06 billion, a P/E ratio of 45.93, a price-to-earnings-growth ratio of 0.55 and a beta of 1.20.

Insider Transactions at Rolls-Royce Holdings plc

In other Rolls-Royce Holdings plc news, insider Tufan Erginbilgic sold 3,855 shares of the stock in a transaction on Monday, April 27th. The stock was sold at an average price of GBX 1,137, for a total transaction of £43,831.35. Also, insider Wendy Mars acquired 152 shares of the company’s stock in a transaction on Monday, March 9th. The shares were bought at an average price of GBX 1,203 per share, with a total value of £1,828.56. Over the last three months, insiders have acquired 259 shares of company stock valued at $324,169 and have sold 133,395 shares valued at $154,080,640. 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.