Rolls-Royce Holdings plc (LON:RR) Stock Rating Reaffirmed by Jefferies Financial Group

Rolls-Royce Holdings plc (LON:RR)‘s stock had its “neutral” rating reaffirmed by equities researchers at Jefferies Financial Group in a report issued on Monday, MarketBeat reports. They currently have a GBX 530 ($6.55) price target on the stock. Jefferies Financial Group’s price target points to a potential upside of 27.04% from the company’s current price.

RR has been the topic of a number of other research reports. Shore Capital reaffirmed a “buy” rating on shares of Rolls-Royce Holdings plc in a report on Thursday, February 22nd. Berenberg Bank restated a “sell” rating and issued a GBX 240 ($2.96) target price on shares of Rolls-Royce Holdings plc in a research report on Thursday, February 22nd. Finally, JPMorgan Chase & Co. raised their target price on Rolls-Royce Holdings plc from GBX 400 ($4.94) to GBX 475 ($5.87) and gave the company an “overweight” rating in a research report on Monday, February 26th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of GBX 342.20 ($4.23).

Rolls-Royce Holdings plc Price Performance

Shares of LON:RR opened at GBX 417.20 ($5.15) on Monday. The firm has a market capitalization of £34.92 billion, a PE ratio of 1,401.03, a P/E/G ratio of 0.26 and a beta of 1.75. The business has a 50-day moving average of GBX 386.09 and a two-hundred day moving average of GBX 308.91. Rolls-Royce Holdings plc has a 12 month low of GBX 142.48 ($1.76) and a 12 month high of GBX 435 ($5.37).

Insider Activity

In other Rolls-Royce Holdings plc news, insider Helen McCabe sold 213,315 shares of the company’s stock in a transaction on Thursday, February 29th. The stock was sold at an average price of GBX 366 ($4.52), for a total transaction of £780,732.90 ($964,344.00). In other Rolls-Royce Holdings plc news, insider Helen McCabe sold 213,315 shares of the stock in a transaction dated Thursday, February 29th. The stock was sold at an average price of GBX 366 ($4.52), for a total transaction of £780,732.90 ($964,344.00). Also, insider Wendy Mars bought 478 shares of the stock in a transaction on Thursday, March 7th. The shares were purchased at an average price of GBX 381 ($4.71) per share, with a total value of £1,821.18 ($2,249.48). In the last ninety days, insiders have purchased 10,063 shares of company stock worth $3,378,648. Company insiders own 0.07% of the company’s stock.

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.