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

Rolls-Royce Holdings plc (LON:RR) has been given a consensus rating of “Moderate Buy” by the six research firms that are currently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is GBX 1,286.50.

RR has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft increased their price target on Rolls-Royce Holdings plc from GBX 1,290 to GBX 1,550 and gave the company a “buy” rating in a report on Monday, February 2nd. Berenberg Bank upped their price objective on Rolls-Royce Holdings plc from GBX 1,080 to GBX 1,250 and gave the company a “hold” rating in a research report on Wednesday.

Rolls-Royce Holdings plc Stock Down 5.4%

Shares of LON RR opened at GBX 1,290 on Friday. The firm’s 50-day moving average price is GBX 1,256.60 and its 200-day moving average price is GBX 1,162.77. Rolls-Royce Holdings plc has a 52-week low of GBX 196.45 and a 52-week high of GBX 537.20. The company has a market cap of £110.64 billion, a PE ratio of 47.02, a PEG ratio of 0.55 and a beta of 1.17.

Rolls-Royce Holdings plc (LON:RR) last released its quarterly earnings data on Thursday, February 26th. The company reported GBX 29.55 earnings per share for the quarter. Rolls-Royce Holdings plc had a net margin of 27.54% and a return on equity of 227.54%. As a group, equities research analysts anticipate that Rolls-Royce Holdings plc will post 8.5952 EPS for the current fiscal year.

Insider Activity at Rolls-Royce Holdings plc

In other Rolls-Royce Holdings plc news, insider Birgit Behrendt purchased 89 shares of the company’s stock in a transaction dated Monday, February 9th. The shares were acquired at an average price of GBX 1,242 per share, for a total transaction of £1,105.38. Also, insider Angela Strank acquired 2,154 shares of the business’s stock in a transaction dated Thursday, February 26th. The shares were acquired at an average cost of GBX 1,382 per share, with a total value of £29,768.28. In the last three months, insiders purchased 2,922 shares of company stock valued at $3,895,082 and sold 19,417 shares valued at $23,924,144. 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.