Rolls-Royce Holdings plc (LON:RR - Get Free Report)'s stock had its "overweight" rating reiterated by equities researchers at JPMorgan Chase & Co. in a research note issued on Thursday,Digital Look reports. They currently have a GBX 655 ($8.53) price target on the stock. JPMorgan Chase & Co.'s price target suggests a potential upside of 14.11% from the stock's previous close.
Several other equities analysts also recently issued reports on RR. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 640 ($8.33) price target on shares of Rolls-Royce Holdings plc in a research note on Tuesday, September 3rd. Bank of America reiterated a "buy" rating and set a GBX 675 ($8.79) price objective on shares of Rolls-Royce Holdings plc in a report on Monday, September 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 555 ($7.22) target price on shares of Rolls-Royce Holdings plc in a report on Tuesday, September 3rd. Finally, Shore Capital reiterated a "buy" rating on shares of Rolls-Royce Holdings plc in a research report on Thursday. One analyst has rated the stock with a sell rating and five have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 553 ($7.20).
Check Out Our Latest Research Report on Rolls-Royce Holdings plc
Rolls-Royce Holdings plc Price Performance
LON:RR traded up GBX 14 ($0.18) during trading hours on Thursday, reaching GBX 574 ($7.47). 27,519,615 shares of the stock were exchanged. The firm has a 50 day moving average of GBX 523.69 and a 200 day moving average of GBX 477.08. Rolls-Royce Holdings plc has a twelve month low of GBX 196.45 ($2.56) and a twelve month high of GBX 537.20 ($6.99). The stock has a market cap of £48.79 billion, a PE ratio of 2,050.00, a PEG ratio of 0.55 and a beta of 1.82.
Insider Buying and Selling at Rolls-Royce Holdings plc
In related news, insider Wendy Mars bought 10,076 shares of Rolls-Royce Holdings plc stock in a transaction dated Wednesday, August 28th. The shares were acquired at an average cost of GBX 496 ($6.46) per share, with a total value of £49,976.96 ($65,057.22). 0.04% of the stock is owned by company insiders.
About Rolls-Royce Holdings plc
(
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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.
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