Brokerages Set Rolls-Royce Holdings plc (LON:RR) PT at GBX 1,350.25

Shares of Rolls-Royce Holdings plc (LON:RR) have earned an average rating of “Moderate Buy” from the six brokerages that are currently covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is GBX 1,350.25.

Several brokerages recently commented on RR. JPMorgan Chase & Co. raised their price objective on shares of Rolls-Royce Holdings plc from GBX 1,320 to GBX 1,500 and gave the company an “overweight” rating in a research note on Tuesday, April 7th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Rolls-Royce Holdings plc from GBX 1,290 to GBX 1,550 and gave the company a “buy” rating in a research note on Monday, February 2nd. Finally, Berenberg Bank raised their price objective on shares of Rolls-Royce Holdings plc from GBX 1,080 to GBX 1,250 and gave the company a “hold” rating in a research note on Wednesday, March 4th.

Rolls-Royce Holdings plc Stock Up 4.8%

Shares of LON RR opened at GBX 1,310.60 on Friday. Rolls-Royce Holdings plc has a 52 week low of GBX 196.45 and a 52 week high of GBX 537.20. The firm has a 50-day moving average price of GBX 1,253.97 and a 200 day moving average price of GBX 1,190.53. The stock has a market capitalization of £112.40 billion, a price-to-earnings ratio of 47.78, a price-to-earnings-growth ratio of 0.55 and a beta of 1.23.

Rolls-Royce Holdings plc (LON:RR) last announced its quarterly earnings data on Thursday, February 26th. The company reported GBX 29.55 EPS for the quarter. Rolls-Royce Holdings plc had a net margin of 27.54% and a return on equity of 227.54%. Equities research analysts expect that Rolls-Royce Holdings plc will post 8.5952 EPS for the current fiscal year.

Insider Activity at Rolls-Royce Holdings plc

In other Rolls-Royce Holdings plc news, insider Birgit Behrendt bought 91 shares of the business’s stock in a transaction on Monday, March 9th. The stock was bought at an average price of GBX 1,203 per share, for a total transaction of £1,094.73. Also, insider Tufan Erginbilgic sold 4,862 shares of Rolls-Royce Holdings plc stock in a transaction dated Monday, January 26th. The stock was sold at an average price of GBX 1,232, for a total transaction of £59,899.84. In the last quarter, insiders have acquired 2,665 shares of company stock valued at $3,614,109 and have sold 135,679 shares valued at $157,528,662. 0.04% of the stock is currently owned by insiders.

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. 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.