Rolls-Royce Holdings plc (LON:RR) Receives Neutral Rating from Jefferies Financial Group

Jefferies Financial Group reaffirmed their neutral rating on shares of Rolls-Royce Holdings plc (LON:RRFree Report) in a research report report published on Monday, MarketBeat Ratings reports. Jefferies Financial Group currently has a GBX 530 ($6.55) price target on the stock.

A number of other research firms have also issued reports on RR. JPMorgan Chase & Co. raised their price target on shares of Rolls-Royce Holdings plc from GBX 400 ($4.94) to GBX 475 ($5.87) and gave the stock an overweight rating in a research report on Monday, February 26th. Shore Capital reissued a buy rating on shares of Rolls-Royce Holdings plc in a report on Thursday, February 22nd. Finally, Berenberg Bank reaffirmed a sell rating and issued a GBX 240 ($2.96) price target on shares of Rolls-Royce Holdings plc in a report on Thursday, February 22nd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of Hold and a consensus target price of GBX 342.20 ($4.23).

Check Out Our Latest Stock Report on RR

Rolls-Royce Holdings plc Stock Performance

Shares of RR stock opened at GBX 406.30 ($5.02) on Monday. Rolls-Royce Holdings plc has a fifty-two week low of GBX 142.48 ($1.76) and a fifty-two week high of GBX 435 ($5.37). The firm has a market capitalization of £34.01 billion, a PE ratio of 1,363.79, a P/E/G ratio of 0.26 and a beta of 1.75. The stock’s 50-day simple moving average is GBX 384.55 and its 200-day simple moving average is GBX 307.61.

Insider Activity at Rolls-Royce Holdings plc

In other news, insider Wendy Mars acquired 478 shares of the firm’s stock in a transaction on Thursday, March 7th. The stock was acquired at an average price of GBX 381 ($4.71) per share, for a total transaction of £1,821.18 ($2,249.48). In other Rolls-Royce Holdings plc news, insider Wendy Mars acquired 478 shares of the company’s stock in a transaction on Thursday, March 7th. The shares were bought at an average cost of GBX 381 ($4.71) per share, with a total value of £1,821.18 ($2,249.48). Also, insider Angela Strank bought 5,643 shares of Rolls-Royce Holdings plc stock in a transaction dated Thursday, February 22nd. The shares were acquired at an average cost of GBX 352 ($4.35) per share, with a total value of £19,863.36 ($24,534.78). Insiders bought a total of 10,063 shares of company stock worth $3,378,648 in the last three months. Company insiders own 0.07% 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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Analyst Recommendations for Rolls-Royce Holdings plc (LON:RR)

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