Rolls-Royce Holdings plc (LON:RR) Stock Rating Reaffirmed by Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of Rolls-Royce Holdings plc (LON:RR) in a research report report published on Tuesday morning, MarketBeat Ratings reports. Jefferies Financial Group currently has a GBX 640 ($8.42) target price on the stock.

A number of other equities analysts have also recently issued reports on RR. Shore Capital reiterated a buy rating on shares of Rolls-Royce Holdings plc in a report on Thursday, May 23rd. Bank of America reiterated a buy rating and set a GBX 675 ($8.88) price objective on shares of Rolls-Royce Holdings plc in a report on Monday, September 2nd. Finally, JPMorgan Chase & Co. lifted their target price on Rolls-Royce Holdings plc from GBX 475 ($6.25) to GBX 535 ($7.03) and gave the company an overweight rating in a research report on Tuesday, August 6th. One equities research analyst has rated the stock with a sell rating and five have issued a buy rating to the stock. Based on data from MarketBeat, Rolls-Royce Holdings plc currently has an average rating of Moderate Buy and an average target price of GBX 529 ($6.96).

Rolls-Royce Holdings plc Stock Down 3.2 %

Rolls-Royce Holdings plc stock opened at GBX 462.70 ($6.08) on Tuesday. Rolls-Royce Holdings plc has a twelve month low of GBX 196.45 ($2.58) and a twelve month high of GBX 505 ($6.64). The company has a 50 day moving average of GBX 468.18 and a 200-day moving average of GBX 434.82. The stock has a market capitalization of £39.33 billion, a PE ratio of 1,706.79, a price-to-earnings-growth ratio of 0.58 and a beta of 1.82.

Insider Transactions at Rolls-Royce Holdings plc

In related news, insider Wendy Mars acquired 10,076 shares of the firm’s stock in a transaction dated Wednesday, August 28th. The stock was bought at an average price of GBX 496 ($6.52) per share, for a total transaction of £49,976.96 ($65,715.92). In related news, insider Birgit Behrendt purchased 241 shares of the stock in a transaction on Monday, July 8th. The shares were purchased at an average price of GBX 455 ($5.98) per share, with a total value of £1,096.55 ($1,441.88). Also, insider Wendy Mars acquired 10,076 shares of the company’s stock in a transaction dated Wednesday, August 28th. The shares were bought at an average price of GBX 496 ($6.52) per share, for a total transaction of £49,976.96 ($65,715.92). Company insiders own 0.04% of the company’s stock.

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.