Rolls-Royce Holdings plc (LON:RR) Given Average Rating of “Hold” by Analysts

Rolls-Royce Holdings plc (LON:RR) has been assigned an average recommendation of “Hold” from the six brokerages that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is GBX 342.20 ($4.23).

Several equities research analysts recently issued reports on the company. Shore Capital reiterated a “buy” rating on shares of Rolls-Royce Holdings plc in a report on Thursday, February 22nd. Jefferies Financial Group reiterated a “neutral” rating and set a GBX 530 ($6.55) price target on shares of Rolls-Royce Holdings plc in a report on Monday, April 22nd. JPMorgan Chase & Co. boosted their price objective on 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. Finally, Berenberg Bank reissued a “sell” rating and issued a GBX 240 ($2.96) price objective on shares of Rolls-Royce Holdings plc in a research report on Thursday, February 22nd.

Rolls-Royce Holdings plc Stock Up 3.8 %

LON RR opened at GBX 421.10 ($5.20) on Monday. The company has a market cap of £35.25 billion, a price-to-earnings ratio of 1,398.97, a P/E/G ratio of 0.26 and a beta of 1.75. Rolls-Royce Holdings plc has a 52 week low of GBX 142.48 ($1.76) and a 52 week high of GBX 435 ($5.37). The business has a 50 day moving average price of GBX 392.35 and a 200-day moving average price of GBX 311.77.

Insider Buying and Selling

In other Rolls-Royce Holdings plc news, insider Wendy Mars bought 478 shares of the firm’s stock in a transaction on Thursday, March 7th. The shares were acquired at an average cost of GBX 381 ($4.71) per share, for a total transaction of £1,821.18 ($2,249.48). In related news, insider Wendy Mars purchased 478 shares of the business’s stock in a transaction on Thursday, March 7th. The stock was acquired at an average price of GBX 381 ($4.71) per share, with a total value of £1,821.18 ($2,249.48). Also, insider Tufan Erginbilgic purchased 8,049 shares of the firm’s stock in a transaction dated Friday, April 26th. The stock was bought at an average cost of GBX 406 ($5.01) per share, for a total transaction of £32,678.94 ($40,364.30). In the last quarter, insiders have purchased 14,170 shares of company stock valued at $5,436,348. Corporate insiders own 0.07% of the company’s stock.

About Rolls-Royce Holdings plc

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.