Rolls-Royce Holdings plc (LON:RR) Receives GBX 295.25 Average Target Price from Brokerages

Shares of Rolls-Royce Holdings plc (LON:RR) have received an average recommendation of “Hold” from the six research firms that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have given a buy recommendation 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 342.20 ($4.23).

Several equities analysts have weighed in on the company. Shore Capital reaffirmed a “buy” rating on shares of Rolls-Royce Holdings plc in a report on Thursday, February 22nd. Jefferies Financial Group reaffirmed a “neutral” rating and issued a GBX 530 ($6.55) price objective on shares of Rolls-Royce Holdings plc in a report on Monday. Berenberg Bank reaffirmed a “sell” rating and issued a GBX 240 ($2.96) price objective on shares of Rolls-Royce Holdings plc in a report on Thursday, February 22nd. Finally, JPMorgan Chase & Co. lifted their price objective on Rolls-Royce Holdings plc from GBX 400 ($4.94) to GBX 475 ($5.87) and gave the company an “overweight” rating in a report on Monday, February 26th.

Insiders Place Their Bets

In related news, insider Helen McCabe purchased 3,942 shares of Rolls-Royce Holdings plc stock in a transaction on Friday, January 26th. The shares were purchased at an average price of GBX 307 ($3.79) per share, for a total transaction of £12,101.94 ($14,948.05). In related news, insider Helen McCabe purchased 3,942 shares of Rolls-Royce Holdings plc stock in a transaction on Friday, January 26th. The shares were purchased at an average price of GBX 307 ($3.79) per share, for a total transaction of £12,101.94 ($14,948.05). Also, insider Wendy Mars purchased 478 shares of Rolls-Royce Holdings plc stock in a transaction on Thursday, March 7th. The stock was bought at an average price of GBX 381 ($4.71) per share, for a total transaction of £1,821.18 ($2,249.48). Insiders bought a total of 10,063 shares of company stock valued at $3,378,648 in the last 90 days. Corporate insiders own 0.07% of the company’s stock.

Rolls-Royce Holdings plc Price Performance

RR opened at GBX 417 ($5.15) on Monday. The business has a fifty day simple moving average of GBX 388.04 and a 200 day simple moving average of GBX 310.29. The company has a market capitalization of £34.90 billion, a PE ratio of 1,438.62, a price-to-earnings-growth ratio of 0.26 and a beta of 1.75. Rolls-Royce Holdings plc has a 1 year low of GBX 142.48 ($1.76) and a 1 year high of GBX 435 ($5.37).

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.