Rolls-Royce Holdings plc (LON:RR) Shares Climb 0.1% - Time to Buy?

Key Points

• Rolls-Royce shares rose 0.1% to GBX 1,478 in mid-day trading, with approximately 4.51 million shares changing hands.
• Analysts remain broadly positive: five rate the stock a Buy and one a Hold, producing a “Moderate Buy” consensus and an average price target of GBX 1,690.33.
• Recent insider activity was favorable, with insiders purchasing 10,405 shares worth approximately £14.9 million over the past three months.

Rolls-Royce Holdings plc (LON:RR - Get Free Report)'s stock price was up 0.1% during mid-day trading on Tuesday. The company traded as high as GBX 1,491.80 and last traded at GBX 1,478. 4,510,110 shares traded hands during mid-day trading, The stock had previously closed at GBX 1,477.20.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Royal Bank Of Canada reiterated an "outperform" rating and set a GBX 1,600 target price on shares of Rolls-Royce Holdings plc in a research note on Friday, July 31st. JPMorgan Chase & Co. increased their price target on shares of Rolls-Royce Holdings plc from GBX 1,625 to GBX 1,800 and gave the company an "overweight" rating in a research report on Tuesday, August 4th. Berenberg Bank raised their price objective on shares of Rolls-Royce Holdings plc from GBX 1,430 to GBX 1,900 and gave the stock a "buy" rating in a report on Tuesday, August 18th. Citigroup lifted their price objective on shares of Rolls-Royce Holdings plc from GBX 1,101 to GBX 1,647 and gave the stock a "neutral" rating in a research report on Monday, August 17th. Finally, Deutsche Bank Aktiengesellschaft reissued 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. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Rolls-Royce Holdings plc presently has an average rating of "Moderate Buy" and an average target price of GBX 1,690.33.

Rolls-Royce Holdings plc Price Performance

The company has a 50 day simple moving average of GBX 1,491.70 and a 200-day simple moving average of GBX 1,356.35. The stock has a market capitalization of £123.35 billion, a P/E ratio of 52.43, a price-to-earnings-growth ratio of 0.55 and a beta of 1.20.

Rolls-Royce Holdings plc (LON:RR - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported GBX 22.17 earnings per share for the quarter. Rolls-Royce Holdings plc had a return on equity of 108.91% and a net margin of 13.11%. As a group, equities analysts forecast that Rolls-Royce Holdings plc will post 8.5952 earnings per share for the current fiscal year.

Insider Buying and Selling at Rolls-Royce Holdings plc

In other Rolls-Royce Holdings plc news, insider Birgit Behrendt bought 6,900 shares of the business's stock in a transaction on Thursday, September 10th. The stock was purchased at an average price of GBX 1,427 per share, for a total transaction of £98,463. Also, insider Angela Strank bought 1,383 shares of Rolls-Royce Holdings plc stock in a transaction dated Thursday, September 10th. The stock was acquired at an average price of GBX 1,435 per share, with a total value of £19,846.05. Insiders have acquired a total of 10,405 shares of company stock valued at $14,931,903 over the last three months. 0.04% of the stock is currently owned by insiders.

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. 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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