Rolls-Royce Holdings plc (LON:RR) Receives GBX 553 Consensus Target Price from Analysts

Rolls-Royce Holdings plc (LON:RR - Get Free Report) has received an average recommendation of "Moderate Buy" from the six brokerages that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is GBX 553 ($6.97).

RR has been the subject of a number of analyst reports. JPMorgan Chase & Co. reissued an "overweight" rating and issued a GBX 655 ($8.25) price target on shares of Rolls-Royce Holdings plc in a research report on Thursday, November 7th. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 640 ($8.07) target price on shares of Rolls-Royce Holdings plc in a report on Tuesday, September 3rd. Bank of America restated a "buy" rating and set a GBX 675 ($8.51) price target on shares of Rolls-Royce Holdings plc in a report on Monday, September 2nd. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 555 ($6.99) price objective on shares of Rolls-Royce Holdings plc in a research note on Tuesday, September 3rd. Finally, Shore Capital restated a "buy" rating on shares of Rolls-Royce Holdings plc in a research note on Thursday, November 7th.

Rolls-Royce Holdings plc Stock Performance

Rolls-Royce Holdings plc stock traded down GBX 6.40 ($0.08) during mid-day trading on Friday, reaching GBX 538.80 ($6.79). The stock had a trading volume of 18,057,374 shares. The firm has a market capitalization of £45.80 billion, a PE ratio of 1,924.29, a price-to-earnings-growth ratio of 0.55 and a beta of 1.82. Rolls-Royce Holdings plc has a fifty-two week low of GBX 196.45 ($2.48) and a fifty-two week high of GBX 537.20 ($6.77). The stock's 50-day simple moving average is GBX 534.11 and its 200-day simple moving average is GBX 484.32.

Insider Activity

In other news, insider Wendy Mars acquired 10,076 shares of Rolls-Royce Holdings plc stock in a transaction that occurred on Wednesday, August 28th. The stock was bought at an average price of GBX 496 ($6.25) per share, with a total value of £49,976.96 ($62,982.94). Over the last three months, insiders purchased 10,135 shares of company stock worth $5,027,721. 0.04% of the stock is owned by corporate insiders.

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.