Analysts Set Rolls-Royce Holdings plc (LON:RR) PT at GBX 416.25

Rolls-Royce Holdings plc (LON:RR) has been given an average recommendation of “Moderate Buy” by the six analysts that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation and five have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is GBX 529 ($6.96).

RR has been the subject of several recent research reports. Bank of America restated a “buy” rating and issued a GBX 675 ($8.88) price target on shares of Rolls-Royce Holdings plc in a research report on Monday. JPMorgan Chase & Co. raised their target price on Rolls-Royce Holdings plc from GBX 475 ($6.25) to GBX 535 ($7.03) and gave the stock an “overweight” rating in a research report on Tuesday, August 6th. Shore Capital reiterated a “buy” rating on shares of Rolls-Royce Holdings plc in a research report on Thursday, May 23rd. Jefferies Financial Group restated a “buy” rating and set a GBX 640 ($8.42) price objective on shares of Rolls-Royce Holdings plc in a research report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 555 ($7.30) price objective on shares of Rolls-Royce Holdings plc in a research note on Tuesday.

Insider Activity

In related news, insider Wendy Mars acquired 10,076 shares of the firm’s stock in a transaction on Wednesday, August 28th. The stock was purchased at an average cost of GBX 496 ($6.52) per share, with a total value of £49,976.96 ($65,715.92). In other news, insider Birgit Behrendt acquired 241 shares of Rolls-Royce Holdings plc stock in a transaction on Monday, July 8th. The stock was acquired at an average cost of GBX 455 ($5.98) per share, with a total value of £1,096.55 ($1,441.88). Also, insider Wendy Mars acquired 10,076 shares of the firm’s stock in a transaction on Wednesday, August 28th. The stock was purchased at an average price of GBX 496 ($6.52) per share, with a total value of £49,976.96 ($65,715.92). Insiders acquired 10,350 shares of company stock worth $5,122,333 over the last three months. 0.04% of the stock is currently owned by insiders.

Rolls-Royce Holdings plc Stock Performance

RR opened at GBX 472.30 ($6.21) on Monday. Rolls-Royce Holdings plc has a 52-week low of GBX 196.45 ($2.58) and a 52-week high of GBX 505 ($6.64). The firm has a market cap of £40.15 billion, a P/E ratio of 1,686.79, a price-to-earnings-growth ratio of 0.58 and a beta of 1.82. The business’s fifty day moving average is GBX 467.80 and its 200-day moving average is GBX 434.50.

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.