Rolls-Royce Holdings plc (LON:RR) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Rolls-Royce Holdings plc (LON:RR) have been given an average rating of “Hold” by the five brokerages that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is GBX 295.25 ($3.68).

A number of research analysts have recently issued reports on the stock. Berenberg Bank reiterated a “sell” rating and set a GBX 240 ($2.99) price target on shares of Rolls-Royce Holdings plc in a research note on Thursday, February 22nd. Shore Capital restated a “buy” rating on shares of Rolls-Royce Holdings plc in a research note on Thursday, February 22nd. JPMorgan Chase & Co. increased their price target on shares of Rolls-Royce Holdings plc from GBX 400 ($4.98) to GBX 475 ($5.91) and gave the company an “overweight” rating in a report on Monday, February 26th. Finally, Jefferies Financial Group reissued a “neutral” rating and set a GBX 530 ($6.60) price target on shares of Rolls-Royce Holdings plc in a research note on Monday.

Rolls-Royce Holdings plc Stock Performance

RR traded down GBX 7 ($0.09) during trading on Monday, hitting GBX 395.50 ($4.92). The stock had a trading volume of 16,814,429 shares. The firm has a market capitalization of £33.10 billion, a P/E ratio of 1,363.79, a PEG ratio of 0.26 and a beta of 1.75. Rolls-Royce Holdings plc has a twelve month low of GBX 142.48 ($1.77) and a twelve month high of GBX 435 ($5.42). The company’s 50-day moving average price is GBX 384.55 and its 200 day moving average price is GBX 306.94.

Insider Transactions at Rolls-Royce Holdings plc

In other Rolls-Royce Holdings plc news, insider Angela Strank purchased 5,643 shares of Rolls-Royce Holdings plc stock in a transaction on Thursday, February 22nd. The shares were bought at an average price of GBX 352 ($4.38) per share, with a total value of £19,863.36 ($24,727.20). In related news, insider Angela Strank purchased 5,643 shares of the business’s stock in a transaction on Thursday, February 22nd. The shares were bought at an average price of GBX 352 ($4.38) per share, with a total value of £19,863.36 ($24,727.20). Also, insider Wendy Mars acquired 478 shares of the stock in a transaction dated Thursday, March 7th. The shares were bought at an average cost of GBX 381 ($4.74) per share, with a total value of £1,821.18 ($2,267.12). Insiders bought a total of 10,063 shares of company stock worth $3,378,648 over the last ninety days. 0.07% of the stock is currently owned by corporate 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.