Rolls-Royce Holdings plc (LON:RR) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Rolls-Royce Holdings plc (LON:RR) have been assigned an average recommendation of “Moderate Buy” from the six research firms that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation and five have given a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is GBX 553 ($6.88).

A number of research firms have recently issued reports on RR. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 655 ($8.15) price objective on shares of Rolls-Royce Holdings plc in a research note 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 Price Performance

Shares of Rolls-Royce Holdings plc stock opened at GBX 584.20 ($7.27) on Thursday. The stock has a market cap of £49.66 billion, a price-to-earnings ratio of 2,086.43, a PEG ratio of 0.55 and a beta of 1.82. The firm’s 50-day moving average is GBX 574.98 and its two-hundred day moving average is GBX 531.11. Rolls-Royce Holdings plc has a 1 year low of GBX 196.45 ($2.45) and a 1 year high of GBX 537.20 ($6.69).

Insider Transactions at Rolls-Royce Holdings plc

In related news, insider Tufan Erginbilgic sold 12,969 shares of the firm’s stock in a transaction on Monday, January 27th. The shares were sold at an average price of GBX 588 ($7.32), for a total transaction of £76,257.72 ($94,942.38). Insiders own 0.04% 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.