Rolls-Royce Holdings plc (LON:RR) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Rolls-Royce Holdings plc (LON:RR) have been assigned a consensus recommendation of “Moderate Buy” from the six ratings firms that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation and five have given a buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is GBX 553 ($6.87).

Several research analysts have issued reports on the stock. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 655 ($8.14) price target on shares of Rolls-Royce Holdings plc in a report on Thursday, November 7th. Shore Capital reiterated a “buy” rating on shares of Rolls-Royce Holdings plc in a report on Thursday, November 7th.

Rolls-Royce Holdings plc Price Performance

Rolls-Royce Holdings plc stock opened at GBX 585 ($7.27) on Friday. The business has a 50 day moving average of GBX 563.40 and a 200-day moving average of GBX 515.20. The company has a market capitalization of £49.73 billion, a P/E ratio of 2,089.29, a P/E/G ratio of 0.55 and a beta of 1.82. Rolls-Royce Holdings plc has a 1 year low of GBX 196.45 ($2.44) and a 1 year high of GBX 537.20 ($6.67).

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.