Analysts Set Rolls-Royce Holdings plc (LON:RR) Price Target at GBX 553

Shares of Rolls-Royce Holdings plc (LON:RR) have been assigned an average recommendation of “Moderate Buy” from the six research firms that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is GBX 553 ($6.98).

A number of research analysts have weighed in on RR shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 555 ($7.00) target price on shares of Rolls-Royce Holdings plc in a research report on Tuesday, September 3rd. Bank of America reissued a “buy” rating and set a GBX 675 ($8.52) price objective on shares of Rolls-Royce Holdings plc in a research report on Monday, September 2nd. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 655 ($8.27) price target on shares of Rolls-Royce Holdings plc in a research report on Thursday, November 7th. Shore Capital reissued a “buy” rating on shares of Rolls-Royce Holdings plc in a research report on Thursday, November 7th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 640 ($8.08) target price on shares of Rolls-Royce Holdings plc in a research report on Tuesday, September 3rd.

Rolls-Royce Holdings plc Trading Down 0.5 %

Shares of Rolls-Royce Holdings plc stock opened at GBX 572.60 ($7.23) on Wednesday. The firm has a fifty day simple moving average of GBX 554.34 and a 200-day simple moving average of GBX 502.66. The stock has a market capitalization of £48.67 billion, a price-to-earnings ratio of 2,055.00, a PEG ratio of 0.55 and a beta of 1.82. Rolls-Royce Holdings plc has a 1-year low of GBX 196.45 ($2.48) and a 1-year high of GBX 537.20 ($6.78).

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.