Deutsche Bank Aktiengesellschaft Raises Rolls-Royce Holdings plc (LON:RR) Price Target to GBX 1,220

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 - Free Report) had its price objective hoisted by Deutsche Bank Aktiengesellschaft from GBX 1,000 ($13.44) to GBX 1,220 ($16.40) in a report released on Thursday morning, Marketbeat reports. The firm currently has a buy rating on the stock.

A number of other equities analysts have also recently weighed in on RR. JPMorgan Chase & Co. reissued an "overweight" rating and issued a GBX 1,040 ($13.98) price objective 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. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of GBX 976.20 ($13.12).

Rolls-Royce Holdings plc Stock Down 0.5%

Shares of RR stock traded down GBX 5.50 ($0.07) on Thursday, reaching GBX 1,071.50 ($14.41). 51,876,753 shares of the stock were exchanged. The stock has a market cap of £91.90 billion, a P/E ratio of 39.06, a price-to-earnings-growth ratio of 0.55 and a beta of 1.82. The firm has a 50 day moving average of GBX 955.07 and a two-hundred day moving average of GBX 805.55. Rolls-Royce Holdings plc has a 1-year low of GBX 196.45 ($2.64) and a 1-year high of GBX 537.20 ($7.22).

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

Insider Activity at Rolls-Royce Holdings plc

In related news, insider Angela Strank purchased 2,837 shares of Rolls-Royce Holdings plc stock in a transaction dated Friday, June 13th. The shares were acquired at an average price of GBX 874 ($11.75) per share, with a total value of £24,795.38 ($33,336.08). Also, insider Tufan Erginbilgic sold 9,891 shares of the stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of GBX 858 ($11.54), for a total transaction of £84,864.78 ($114,096.24). Over the last three months, insiders acquired 3,189 shares of company stock worth $2,787,555 and sold 27,122 shares worth $25,316,993. 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.