Brokerages Set Rolls-Royce Holdings plc (LON:RR) Price Target at GBX 553

Shares of Rolls-Royce Holdings plc (LON:RR) have earned a consensus rating of “Moderate Buy” from the six research firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating and five have issued a buy rating on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is GBX 553 ($6.80).

A number of research firms have weighed in on RR. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 655 ($8.06) price objective on shares of Rolls-Royce Holdings plc in a research report on Thursday, November 7th. Shore Capital reissued a “buy” rating on shares of Rolls-Royce Holdings plc in a research report on Thursday, November 7th.

Rolls-Royce Holdings plc Trading Up 0.6 %

Shares of RR opened at GBX 581.40 ($7.15) on Friday. Rolls-Royce Holdings plc has a 12-month low of GBX 196.45 ($2.42) and a 12-month high of GBX 537.20 ($6.61). The business’s 50 day moving average is GBX 564.61 and its 200 day moving average is GBX 517.71. The company has a market capitalization of £49.42 billion, a PE ratio of 2,076.43, a price-to-earnings-growth ratio of 0.55 and a beta of 1.82.

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.