Rolls-Royce Holdings plc (LON:RR) Given Overweight Rating at JPMorgan Chase & Co.

Rolls-Royce Holdings plc (LON:RR - Get Free Report)'s stock had its "overweight" rating reiterated by equities research analysts at JPMorgan Chase & Co. in a note issued to investors on Monday, Marketbeat reports. They presently have a GBX 1,040 ($14.16) target price on the stock. JPMorgan Chase & Co.'s price target points to a potential upside of 8.04% from the stock's previous close.

Separately, Shore Capital reiterated a "hold" rating on shares of Rolls-Royce Holdings plc in a research report on Thursday, May 1st. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of GBX 727.50 ($9.90).

Rolls-Royce Holdings plc Stock Up 0.9%

Rolls-Royce Holdings plc stock traded up GBX 8.20 ($0.11) during mid-day trading on Monday, reaching GBX 962.60 ($13.10). 13,392,330 shares of the company's stock traded hands. The company has a market cap of £82.56 billion, a price-to-earnings ratio of 35.09, a PEG ratio of 0.55 and a beta of 1.82. The stock has a 50 day moving average of GBX 851.40 and a two-hundred day moving average of GBX 730.38. Rolls-Royce Holdings plc has a 12-month low of GBX 196.45 ($2.67) and a 12-month high of GBX 537.20 ($7.31).

Insider Buying and Selling at Rolls-Royce Holdings plc

In other Rolls-Royce Holdings plc news, insider Angela Strank purchased 2,837 shares of Rolls-Royce Holdings plc stock in a transaction on Friday, June 13th. The stock was bought at an average cost of GBX 874 ($11.90) per share, with a total value of £24,795.38 ($33,748.99). Also, insider Tufan Erginbilgic sold 9,891 shares of Rolls-Royce Holdings plc stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of GBX 858 ($11.68), for a total transaction of £84,864.78 ($115,509.43). Over the last quarter, insiders purchased 3,189 shares of company stock valued at $2,787,555 and sold 29,042 shares valued at $24,971,420. 0.04% of the stock is 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.