Deutsche Bank Aktiengesellschaft Issues Positive Forecast for Rolls-Royce Holdings plc (LON:RR) Stock Price

Key Points

• Deutsche Bank Aktiengesellschaft has lifted its price target for Rolls-Royce Holdings plc from GBX 1,000 ($13.36) to GBX 1,220 ($16.30), indicating a potential upside of 12.13% from the stock's previous close.
• The stock currently holds a consensus rating of "Moderate Buy" with four analysts issuing buy ratings and one holding rating, alongside an average price target of GBX 893.75 ($11.94).
• Rolls-Royce reported a net margin of 13.08% and a negative return on equity of 78.08%, with predictions suggesting earnings per share will reach 8.5952 for the current fiscal year.

Rolls-Royce Holdings plc (LON:RR - Get Free Report) had its price target lifted by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 1,000 ($13.36) to GBX 1,220 ($16.30) in a report released on Thursday, MarketBeat reports. The brokerage presently has a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft's price objective suggests a potential upside of 12.13% from the stock's previous close.

RR has been the topic of a number of other reports. JPMorgan Chase & Co. reissued an "overweight" rating and set a GBX 1,040 ($13.89) price target on shares of Rolls-Royce Holdings plc in a research report on Monday, July 7th. Shore Capital reissued a "hold" rating on shares of Rolls-Royce Holdings plc in a research report on Thursday, July 31st. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of GBX 893.75 ($11.94).

Rolls-Royce Holdings plc Trading Up 1.4%

LON:RR opened at GBX 1,088 ($14.53) on Thursday. The stock has a market capitalization of £93.31 billion, a price-to-earnings ratio of 39.66, a PEG ratio of 0.55 and a beta of 1.82. The firm has a fifty day simple moving average of GBX 945.94 and a two-hundred day simple moving average of GBX 795.93. Rolls-Royce Holdings plc has a 12 month low of GBX 196.45 ($2.62) and a 12 month high of GBX 537.20 ($7.18).

Rolls-Royce Holdings plc (LON:RR - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported GBX 15.74 ($0.21) earnings per share (EPS) for the quarter. Rolls-Royce Holdings plc had a net margin of 13.08% and a negative return on equity of 78.08%. Equities analysts predict that Rolls-Royce Holdings plc will post 8.5952 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Wendy Mars acquired 209 shares of Rolls-Royce Holdings plc stock in a transaction that occurred on Monday, June 9th. The stock was bought at an average price of GBX 875 ($11.69) per share, with a total value of £1,828.75 ($2,442.89). Also, insider Birgit Behrendt purchased 126 shares of the business's stock in a transaction on Monday, June 9th. The stock was bought at an average cost of GBX 875 ($11.69) per share, with a total value of £1,102.50 ($1,472.75). In the last three months, insiders purchased 3,189 shares of company stock worth $2,787,555 and sold 27,122 shares worth $25,316,993. Corporate 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.

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