Rolls-Royce Holdings plc (LON:RR) Receives Consensus Rating of “Hold” from Analysts

Shares of Rolls-Royce Holdings plc (LON:RRGet Rating) have received an average recommendation of “Hold” from the six brokerages that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is GBX 103.40 ($1.26).

Several equities research analysts have commented on RR shares. Berenberg Bank reiterated a “hold” rating and issued a GBX 100 ($1.22) price target on shares of Rolls-Royce Holdings plc in a research report on Thursday, November 3rd. Barclays restated an “overweight” rating and set a GBX 110 ($1.34) price objective on shares of Rolls-Royce Holdings plc in a report on Monday. Finally, JPMorgan Chase & Co. restated an “underweight” rating and set a GBX 70 ($0.85) price objective on shares of Rolls-Royce Holdings plc in a report on Wednesday.

Insider Buying and Selling

In other Rolls-Royce Holdings plc news, insider Warren East purchased 26,533 shares of the business’s stock in a transaction dated Thursday, December 22nd. The stock was bought at an average cost of GBX 91 ($1.11) per share, for a total transaction of £24,145.03 ($29,463.12). In other news, insider Panos Kakoullis bought 12,786 shares of the business’s stock in a transaction that occurred on Monday, November 28th. The stock was acquired at an average cost of GBX 91 ($1.11) per share, for a total transaction of £11,635.26 ($14,198.00). Also, insider Warren East bought 26,533 shares of the business’s stock in a transaction that occurred on Thursday, December 22nd. The stock was purchased at an average price of GBX 91 ($1.11) per share, with a total value of £24,145.03 ($29,463.12). In the last ninety days, insiders purchased 70,990 shares of company stock worth $5,985,025.

Rolls-Royce Holdings plc Trading Down 0.3 %

Shares of Rolls-Royce Holdings plc stock opened at GBX 108.26 ($1.32) on Thursday. The company’s 50-day moving average price is GBX 93 and its two-hundred day moving average price is GBX 84.47. Rolls-Royce Holdings plc has a 52 week low of GBX 64.44 ($0.79) and a 52 week high of GBX 161.91 ($1.98). The stock has a market cap of £9.06 billion and a PE ratio of 5,413.00.

About Rolls-Royce Holdings plc

(Get Rating)

Rolls-Royce Holdings plc operates as an industrial technology company in the United Kingdom and internationally. The company operates in four segments: Civil Aerospace, Power Systems, Defence, and New Markets. The Civil Aerospace segment develops, manufactures, and sells aero engines for large commercial aircraft, regional jet, and business aviation markets, as well as provides aftermarket services.

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Analyst Recommendations for Rolls-Royce Holdings plc (LON:RR)

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