Rolls-Royce Holdings plc (LON:RR) Receives GBX 553 Average Target Price from Brokerages

Shares of Rolls-Royce Holdings plc (LON:RR) have been assigned a consensus rating of “Moderate Buy” from the six ratings firms that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation and five have issued a buy recommendation on the company. The average 1-year target price among brokers that have covered the stock in the last year is GBX 553 ($7.03).

A number of research firms have recently weighed in on RR. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 640 ($8.14) target price on shares of Rolls-Royce Holdings plc in a research report on Tuesday, September 3rd. Shore Capital reissued a “buy” rating on shares of Rolls-Royce Holdings plc in a report on Thursday, November 7th. Bank of America reaffirmed a “buy” rating and issued a GBX 675 ($8.58) price target on shares of Rolls-Royce Holdings plc in a research report on Monday, September 2nd. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 655 ($8.33) price objective on shares of Rolls-Royce Holdings plc in a research report on Thursday, November 7th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 555 ($7.06) target price on shares of Rolls-Royce Holdings plc in a report on Tuesday, September 3rd.

Rolls-Royce Holdings plc Stock Down 0.5 %

LON RR opened at GBX 581 ($7.39) on Wednesday. The firm has a market capitalization of £49.39 billion, a PE ratio of 2,085.00, a P/E/G ratio of 0.55 and a beta of 1.82. The stock’s 50 day moving average is GBX 555.19 and its 200 day moving average is GBX 504.31. Rolls-Royce Holdings plc has a twelve month low of GBX 196.45 ($2.50) and a twelve month high of GBX 537.20 ($6.83).

Rolls-Royce Holdings plc Company Profile

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.