Rolls-Royce Holdings plc (LON:RR) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Rolls-Royce Holdings plc (LON:RR) have earned an average recommendation of “Moderate Buy” from the six analysts that are covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is GBX 1,161.50.

Several research analysts have recently commented on the stock. Citigroup lifted their price target on shares of Rolls-Royce Holdings plc from GBX 641 to GBX 1,101 and gave the company a “neutral” rating in a report on Friday, August 29th. Morgan Stanley reissued an “overweight” rating on shares of Rolls-Royce Holdings plc in a report on Friday, September 5th. Finally, Berenberg Bank upgraded Rolls-Royce Holdings plc to a “hold” rating and lifted their target price for the company from GBX 240 to GBX 1,080 in a research note on Monday, October 20th.

Rolls-Royce Holdings plc Price Performance

RR stock opened at GBX 1,114 on Tuesday. The firm has a market cap of £95.54 billion, a price-to-earnings ratio of 40.61, a PEG ratio of 0.55 and a beta of 1.82. Rolls-Royce Holdings plc has a 1-year low of GBX 196.45 and a 1-year high of GBX 537.20. The firm has a fifty day moving average price of GBX 1,112 and a two-hundred day moving average price of GBX 1,053.15.

Insider Buying and Selling at Rolls-Royce Holdings plc

In other Rolls-Royce Holdings plc news, insider Tufan Erginbilgic sold 7,433 shares of the firm’s stock in a transaction on Monday, October 27th. The stock was sold at an average price of GBX 1,133, for a total value of £84,215.89. Also, insider Birgit Behrendt purchased 100 shares of Rolls-Royce Holdings plc stock in a transaction dated Monday, December 8th. The shares were purchased at an average cost of GBX 1,096 per share, with a total value of £1,096. Over the last ninety days, insiders have acquired 3,213 shares of company stock worth $3,687,817 and have sold 23,246 shares worth $26,309,241. 0.04% of the stock is owned by company insiders.

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.