Shares of Rolls-Royce Holdings plc (LON:RR – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is GBX 1,286.50.
A number of research analysts recently commented on RR shares. Berenberg Bank boosted their price target on shares of Rolls-Royce Holdings plc from GBX 1,080 to GBX 1,250 and gave the stock a “hold” rating in a research report on Wednesday, March 4th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Rolls-Royce Holdings plc from GBX 1,290 to GBX 1,550 and gave the stock a “buy” rating in a research note on Monday, February 2nd.
Read Our Latest Report on Rolls-Royce Holdings plc
Rolls-Royce Holdings plc Price Performance
Rolls-Royce Holdings plc (LON:RR – Get Free Report) last announced its quarterly earnings data on Thursday, February 26th. The company reported GBX 29.55 earnings per share (EPS) for the quarter. Rolls-Royce Holdings plc had a return on equity of 227.54% and a net margin of 27.54%. Analysts forecast that Rolls-Royce Holdings plc will post 8.5952 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, insider Tufan Erginbilgic sold 4,155 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of GBX 1,314, for a total transaction of £54,596.70. Also, insider Wendy Mars acquired 152 shares of the stock in a transaction that occurred on Monday, March 9th. The shares were bought at an average cost of GBX 1,203 per share, for a total transaction of £1,828.56. Over the last three months, insiders have bought 2,914 shares of company stock valued at $3,926,619 and have sold 12,504 shares valued at $15,877,412. 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. 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.
Further Reading
Receive News & Ratings for Rolls-Royce Holdings plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rolls-Royce Holdings plc and related companies with MarketBeat.com's FREE daily email newsletter.
