Rolls-Royce Holdings plc (LON:RR) Stock Has Average Target Price of GBX 1,690.33 According to Analysts

Rolls-Royce Holdings plc (LON:RR) has been assigned a consensus recommendation of “Moderate Buy” from the six research firms that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is GBX 1,690.33.

A number of research analysts have commented on the stock. Berenberg Bank upped their target price on shares of Rolls-Royce Holdings plc from GBX 1,430 to GBX 1,900 and gave the company a “buy” rating in a research report on Tuesday, August 18th. Citigroup lifted their price target on shares of Rolls-Royce Holdings plc from GBX 1,101 to GBX 1,647 and gave the company a “neutral” rating in a research report on Monday, August 17th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,870 price target on shares of Rolls-Royce Holdings plc in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 1,325 price objective on shares of Rolls-Royce Holdings plc in a report on Friday, July 31st. Finally, JPMorgan Chase & Co. upped their price objective on shares of Rolls-Royce Holdings plc from GBX 1,625 to GBX 1,800 and gave the stock an “overweight” rating in a report on Tuesday, August 4th.

Insider Buying and Selling at Rolls-Royce Holdings plc

In other news, insider Birgit Behrendt purchased 77 shares of the stock in a transaction dated Wednesday, October 7th. The stock was acquired at an average cost of GBX 1,427 per share, for a total transaction of £1,098.79. Also, insider Wendy Mars purchased 128 shares of the stock in a transaction dated Wednesday, October 7th. The shares were purchased at an average price of GBX 1,427 per share, with a total value of £1,826.56. Insiders have bought a total of 10,624 shares of company stock valued at $15,244,934 over the last quarter. 0.04% of the stock is owned by company insiders.

Rolls-Royce Holdings plc Trading Down 0.9%

RR stock traded down GBX 12.20 during midday trading on Friday, hitting GBX 1,350.60. 13,284,722 shares of the company’s stock were exchanged. Rolls-Royce Holdings plc has a 1-year low of GBX 196.45 and a 1-year high of GBX 537.20. The stock has a market capitalization of £115.83 billion, a PE ratio of 49.23, a P/E/G ratio of 0.55 and a beta of 1.20. The business has a 50-day simple moving average of GBX 1,475.50 and a two-hundred day simple moving average of GBX 1,366.17.

Rolls-Royce Holdings plc (LON:RR) last announced its quarterly earnings results on Thursday, July 30th. The company reported GBX 22.17 EPS for the quarter. Rolls-Royce Holdings plc had a return on equity of 108.91% and a net margin of 13.11%. As a group, research analysts expect that Rolls-Royce Holdings plc will post 8.60 EPS for the current fiscal year.

Rolls-Royce Holdings plc Company Profile

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.