Rolls-Royce Holdings plc (LON:RR) Given Consensus Rating of "Moderate Buy" by Brokerages

Key Points

• Rolls-Royce Holdings plc has received a consensus rating of "Moderate Buy" from six brokerages, with an average twelve-month price target of GBX 1,161.50.
• Shares of Rolls-Royce fell by 3.2% during midday trading, down to GBX 1,103, despite a strong market capitalization of £94.60 billion.
• Insider transactions show that over the last 90 days, insiders sold shares valued at £26.8 million, while acquiring shares worth £6.57 million.

Shares of Rolls-Royce Holdings plc (LON:RR - Get Free Report) have earned a consensus rating of "Moderate Buy" from the six ratings firms that are currently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is GBX 1,161.50.

Several brokerages have recently commented on RR. Citigroup increased their price objective on Rolls-Royce Holdings plc from GBX 641 to GBX 1,101 and gave the company a "neutral" rating in a report on Friday, August 29th. Berenberg Bank upgraded Rolls-Royce Holdings plc to a "hold" rating and increased their price objective for the company from GBX 240 to GBX 1,080 in a report on Monday. Shore Capital reiterated a "hold" rating on shares of Rolls-Royce Holdings plc in a report on Thursday, July 31st. JPMorgan Chase & Co. increased their price objective on Rolls-Royce Holdings plc from GBX 1,040 to GBX 1,245 and gave the company an "overweight" rating in a report on Monday, August 11th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Rolls-Royce Holdings plc from GBX 1,000 to GBX 1,220 and gave the company a "buy" rating in a research report on Thursday, August 7th.

Rolls-Royce Holdings plc Trading Down 3.2%

Shares of RR traded down GBX 37 during midday trading on Monday, hitting GBX 1,103. 19,034,356 shares of the company's stock traded hands. Rolls-Royce Holdings plc has a 1 year low of GBX 196.45 and a 1 year high of GBX 537.20. The firm's fifty day moving average is GBX 1,112.05 and its 200-day moving average is GBX 950.73. The stock has a market capitalization of £94.60 billion, a price-to-earnings ratio of 40.21, a price-to-earnings-growth ratio of 0.55 and a beta of 1.82.

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 EPS for the quarter. Rolls-Royce Holdings plc had a negative return on equity of 78.08% and a net margin of 13.08%. On average, equities research analysts anticipate that Rolls-Royce Holdings plc will post 8.5952 EPS for the current year.

Insider Transactions at Rolls-Royce Holdings plc

In related news, insider Helen McCabe sold 2,857 shares of the company's stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of GBX 1,047, for a total value of £29,912.79. Also, insider Wendy Mars bought 188 shares of the business's stock in a transaction that occurred on Thursday, August 7th. The stock was purchased at an average cost of GBX 969 per share, for a total transaction of £1,821.72. Over the last 90 days, insiders acquired 5,863 shares of company stock worth $6,572,462 and sold 25,125 shares worth $26,798,542. 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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