Rolls-Royce Holdings plc (LON:RR) Stock Has Average Price Target of GBX 1,690.33

Key Points

• Analysts remain broadly bullish: Rolls-Royce has a “Moderate Buy” consensus, with five buy ratings and one hold. The average 12-month price target is GBX 1,690.33, above the reported opening price of GBX 1,385.20.
• Several brokerages recently raised their targets, including Berenberg to GBX 1,900 and Jefferies to GBX 1,870, while Citigroup maintained a neutral rating with a GBX 1,647 target.
• The company reported quarterly EPS of GBX 22.17, with a 13.11% net margin and 108.91% return on equity. Insiders also purchased more than 10,000 shares over the past three months.

Rolls-Royce Holdings plc (LON:RR - Get Free Report) has received an average recommendation of "Moderate Buy" from the six brokerages that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is GBX 1,690.33.

RR has been the topic of several research reports. Berenberg Bank upped their price objective on shares of Rolls-Royce Holdings plc from GBX 1,430 to GBX 1,900 and gave the company a "buy" rating in a report on Tuesday, August 18th. Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 1,870 target price on shares of Rolls-Royce Holdings plc in a research report on Friday, July 31st. Citigroup increased their price target on Rolls-Royce Holdings plc from GBX 1,101 to GBX 1,647 and gave the stock a "neutral" rating in a report on Monday, August 17th. JPMorgan Chase & Co. boosted their price objective on Rolls-Royce Holdings plc from GBX 1,625 to GBX 1,800 and gave the company an "overweight" rating in a report on Tuesday, August 4th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 1,325 target price on shares of Rolls-Royce Holdings plc in a research report on Friday, July 31st.

Rolls-Royce Holdings plc Stock Up 1.3%

Shares of RR stock opened at GBX 1,385.20 on Friday. The firm has a 50 day moving average of GBX 1,490.64 and a 200-day moving average of GBX 1,359.20. The company has a market cap of £118.80 billion, a price-to-earnings ratio of 50.49, a price-to-earnings-growth ratio of 0.55 and a beta of 1.20. Rolls-Royce Holdings plc has a 52 week low of GBX 196.45 and a 52 week high of GBX 537.20.

Rolls-Royce Holdings plc (LON:RR - Get Free Report) last released its earnings results on Thursday, July 30th. The company reported GBX 22.17 earnings per share (EPS) for the quarter. Rolls-Royce Holdings plc had a net margin of 13.11% and a return on equity of 108.91%. Analysts anticipate that Rolls-Royce Holdings plc will post 8.60 earnings per share for the current year.

Insider Activity

In related news, insider Birgit Behrendt purchased 6,900 shares of the business's stock in a transaction on Thursday, September 10th. The stock was acquired at an average price of GBX 1,427 per share, for a total transaction of £98,463. Also, insider Wendy Mars acquired 128 shares of the firm's stock in a transaction on Wednesday, October 7th. The shares were bought at an average cost of GBX 1,427 per share, with a total value of £1,826.56. Insiders acquired 10,624 shares of company stock worth $15,244,934 over the last three months. 0.04% of the stock is currently owned by 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. The Defence segment is involved in the development, manufacture, marketing, and sale of military aero engines, naval engines, and submarine nuclear power plants, as well as offers aftermarket services.

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