Analysts Set Rolls-Royce Holdings plc (LON:RR) Target Price at GBX 553

Shares of Rolls-Royce Holdings plc (LON:RR - Get Free Report) have received an average rating of "Moderate Buy" from the six analysts that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating and five have given a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is GBX 553 ($6.88).

RR has been the topic of several recent analyst reports. JPMorgan Chase & Co. reissued an "overweight" rating and issued a GBX 655 ($8.15) target price on shares of Rolls-Royce Holdings plc in a research note on Thursday, November 7th. Shore Capital reissued a "buy" rating on shares of Rolls-Royce Holdings plc in a research report on Thursday, November 7th.

Rolls-Royce Holdings plc Price Performance

Rolls-Royce Holdings plc stock traded up GBX 1.40 ($0.02) during mid-day trading on Thursday, hitting GBX 584.20 ($7.27). The company's stock had a trading volume of 6,760,878 shares. The business has a 50 day moving average price of GBX 574.98 and a 200-day moving average price of GBX 531.11. Rolls-Royce Holdings plc has a 12 month low of GBX 196.45 ($2.45) and a 12 month high of GBX 537.20 ($6.69). The stock has a market cap of £49.66 billion, a price-to-earnings ratio of 2,086.43, a price-to-earnings-growth ratio of 0.55 and a beta of 1.82.

Insider Activity at Rolls-Royce Holdings plc

In other news, insider Tufan Erginbilgic sold 12,969 shares of Rolls-Royce Holdings plc stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of GBX 588 ($7.32), for a total value of £76,257.72 ($94,942.38). 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.