Rolls-Royce Holdings plc (LON:RR) Receives GBX 529 Average PT from Brokerages

Rolls-Royce Holdings plc (LON:RR - Get Free Report) has received an average rating of "Moderate Buy" from the six analysts that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation and five have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is GBX 529 ($6.87).

A number of equities research analysts have weighed in on RR shares. Bank of America reiterated a "buy" rating and set a GBX 675 ($8.76) price target on shares of Rolls-Royce Holdings plc in a research report on Monday, September 2nd. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 555 ($7.21) target price on shares of Rolls-Royce Holdings plc in a report on Tuesday, September 3rd. Jefferies Financial Group restated a "buy" rating and set a GBX 640 ($8.31) price target on shares of Rolls-Royce Holdings plc in a research report on Tuesday, September 3rd. Finally, JPMorgan Chase & Co. boosted their price objective on Rolls-Royce Holdings plc from GBX 475 ($6.17) to GBX 535 ($6.95) and gave the company an "overweight" rating in a report on Tuesday, August 6th.

Rolls-Royce Holdings plc Stock Down 0.1 %

Shares of Rolls-Royce Holdings plc stock traded down GBX 0.40 ($0.01) during mid-day trading on Tuesday, hitting GBX 567 ($7.36). The stock had a trading volume of 10,496,357 shares. The firm has a market cap of £48.20 billion, a P/E ratio of 2,025.00, a price-to-earnings-growth ratio of 0.55 and a beta of 1.82. The firm has a 50-day moving average of GBX 509.54 and a two-hundred day moving average of GBX 465.27. Rolls-Royce Holdings plc has a 12-month low of GBX 196.45 ($2.55) and a 12-month high of GBX 537.20 ($6.97).

Insider Transactions at Rolls-Royce Holdings plc

In other news, insider Wendy Mars bought 10,076 shares of Rolls-Royce Holdings plc stock in a transaction dated Wednesday, August 28th. The stock was acquired at an average cost of GBX 496 ($6.44) per share, with a total value of £49,976.96 ($64,888.29). Insiders own 0.04% of the company's stock.

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.