Rolls-Royce Holdings plc (LON:RR) Receives GBX 1,690.33 Average Price Target from Analysts

by · The Markets Daily

Rolls-Royce Holdings plc (LON:RR – Get Free Report) has earned a consensus rating of “Moderate Buy” from the six research firms that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is GBX 1,690.33.

Several brokerages recently issued reports on RR. Citigroup lifted their price objective on Rolls-Royce Holdings plc from GBX 1,101 to GBX 1,647 and gave the stock a “neutral” rating in a research report on Monday, August 17th. Jefferies Financial Group restated a “buy” rating and issued a GBX 1,870 price target on shares of Rolls-Royce Holdings plc in a report on Friday, July 31st. Berenberg Bank upped their price target on shares of Rolls-Royce Holdings plc from GBX 1,430 to GBX 1,900 and gave the stock a “buy” rating in a research report on Tuesday, August 18th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 1,325 price target on shares of Rolls-Royce Holdings plc in a research report on Friday, July 31st. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 1,600 target price on shares of Rolls-Royce Holdings plc in a research report on Friday, July 31st.

View Our Latest Report on Rolls-Royce Holdings plc

Rolls-Royce Holdings plc Stock Performance

LON:RR opened at GBX 1,504.80 on Tuesday. The stock has a fifty day moving average price of GBX 1,470.99 and a two-hundred day moving average price of GBX 1,340.49. The stock has a market capitalization of £129.06 billion, a price-to-earnings ratio of 54.85, a PEG ratio of 0.55 and a beta of 1.20. Rolls-Royce Holdings plc has a 1 year low of GBX 196.45 and a 1 year high of GBX 537.20.

Rolls-Royce Holdings plc (LON:RR – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported GBX 22.17 EPS for the quarter. Rolls-Royce Holdings plc had a net margin of 13.11% and a return on equity of 108.91%. On average, analysts predict that Rolls-Royce Holdings plc will post 8.5952 EPS for the current year.

Insider Activity

In other news, insider Birgit Behrendt bought 6,900 shares of the firm’s stock in a transaction dated Thursday, September 10th. The stock was acquired at an average price of GBX 1,427 per share, for a total transaction of £98,463. Also, insider Angela Strank bought 1,712 shares of the company’s stock in a transaction that occurred on Thursday, July 30th. The shares were acquired at an average cost of GBX 1,449 per share, with a total value of £24,806.88. Insiders have bought 10,615 shares of company stock valued at $15,243,476 in the last three months. Corporate insiders own 0.04% of the company’s stock.

About Rolls-Royce Holdings plc

(Get Free Report)

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. The Defence segment is involved in the development, manufacture, marketing, and sale of military aero engines, naval engines, and submarine nuclear power plants, as well as offers aftermarket services.

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