Brokerages Set Rolls-Royce Holdings plc (LON:RR) PT at GBX 553

Rolls-Royce Holdings plc (LON:RR - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the six analysts that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating and five have given a buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is GBX 553 ($6.87).

Several analysts have recently issued reports on RR shares. Shore Capital reiterated a "buy" rating on shares of Rolls-Royce Holdings plc in a report on Thursday, November 7th. JPMorgan Chase & Co. reiterated an "overweight" rating and issued a GBX 655 ($8.14) price objective on shares of Rolls-Royce Holdings plc in a research note on Thursday, November 7th.

Rolls-Royce Holdings plc Price Performance

Shares of LON:RR traded down GBX 3.40 ($0.04) during mid-day trading on Friday, reaching GBX 585 ($7.27). 4,930,074 shares of the company were exchanged. Rolls-Royce Holdings plc has a 1 year low of GBX 196.45 ($2.44) and a 1 year high of GBX 537.20 ($6.68). The firm's 50-day simple moving average is GBX 563.40 and its 200 day simple moving average is GBX 515.58. The firm has a market cap of £49.73 billion, a price-to-earnings ratio of 2,089.29, a P/E/G ratio of 0.55 and a beta of 1.82.

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.