JPMorgan Chase & Co. reaffirmed their overweight rating on shares of Rolls-Royce Holdings plc (LON:RR - Free Report) in a research note released on Thursday, Marketbeat Ratings reports. JPMorgan Chase & Co. currently has a GBX 900 ($11.59) price target on the stock.
Separately, Shore Capital reiterated a "buy" rating on shares of Rolls-Royce Holdings plc in a report on Thursday, November 7th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of GBX 692.50 ($8.92).
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Rolls-Royce Holdings plc Price Performance
RR traded down GBX 3.40 ($0.04) during trading on Thursday, reaching GBX 801.40 ($10.32). The company had a trading volume of 31,808,188 shares. The company has a market cap of £68.73 billion, a P/E ratio of 29.21, a PEG ratio of 0.55 and a beta of 1.82. Rolls-Royce Holdings plc has a 12 month low of GBX 196.45 ($2.53) and a 12 month high of GBX 537.20 ($6.92). The business's fifty day moving average price is GBX 623.14 and its 200 day moving average price is GBX 568.91.
Rolls-Royce Holdings plc (LON:RR - Get Free Report) last announced its earnings results on Thursday, February 27th. The company reported GBX 20.29 ($0.26) earnings per share for the quarter. Rolls-Royce Holdings plc had a net margin of 13.08% and a negative return on equity of 78.08%. As a group, sell-side analysts predict that Rolls-Royce Holdings plc will post 8.5952 EPS for the current fiscal year.
Insider Buying and Selling at Rolls-Royce Holdings plc
In related news, insider Wendy Mars purchased 303 shares of the stock in a transaction on Friday, February 7th. The shares were purchased at an average cost of GBX 603 ($7.76) per share, with a total value of £1,827.09 ($2,352.38). Also, insider Tufan Erginbilgic sold 12,969 shares of the firm's stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of GBX 588 ($7.57), for a total transaction of £76,257.72 ($98,181.69). Insiders have acquired 7,069 shares of company stock worth $5,158,221 over the last 90 days. Company insiders own 0.04% of the company's stock.
Rolls-Royce Holdings plc Company Profile
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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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