Rolls-Royce Holdings plc (LON:RR) Receives GBX 553 Consensus Price Target from Analysts

Rolls-Royce Holdings plc (LON:RR) has earned an average recommendation of “Moderate Buy” from the six brokerages that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is GBX 553 ($6.90).

Several brokerages have commented on RR. Shore Capital reissued a “buy” rating on shares of Rolls-Royce Holdings plc in a research report on Thursday, November 7th. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 655 ($8.17) target price on shares of Rolls-Royce Holdings plc in a report on Thursday, November 7th.

Rolls-Royce Holdings plc Stock Down 2.6 %

Rolls-Royce Holdings plc stock opened at GBX 570 ($7.11) on Friday. The stock has a market capitalization of £48.45 billion, a PE ratio of 2,035.71, a price-to-earnings-growth ratio of 0.55 and a beta of 1.82. Rolls-Royce Holdings plc has a twelve month low of GBX 196.45 ($2.45) and a twelve month high of GBX 537.20 ($6.70). The company has a 50 day moving average of GBX 564.17 and a 200-day moving average of GBX 517.30.

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.