Rolls-Royce Holdings plc (LON:RR) Shares Down 0.7% – Should You Sell?

Rolls-Royce Holdings plc (LON:RR) traded down 0.7% during trading on Tuesday . The stock traded as low as GBX 577.20 ($7.37) and last traded at GBX 582.40 ($7.44). 11,009,206 shares changed hands during mid-day trading, The stock had previously closed at GBX 586.40 ($7.49).

Wall Street Analyst Weigh In

Several brokerages recently weighed in on RR. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 555 ($7.09) price objective on shares of Rolls-Royce Holdings plc in a research report on Tuesday, September 3rd. Bank of America reaffirmed a “buy” rating and issued a GBX 675 ($8.62) price objective on shares of Rolls-Royce Holdings plc in a research note on Monday, September 2nd. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 655 ($8.37) target price on shares of Rolls-Royce Holdings plc in a research report on Thursday, November 7th. Shore Capital reaffirmed a “buy” rating on shares of Rolls-Royce Holdings plc in a research report on Thursday, November 7th. Finally, Jefferies Financial Group reissued a “buy” rating and set a GBX 640 ($8.18) price objective on shares of Rolls-Royce Holdings plc in a report on Tuesday, September 3rd. One analyst has rated the stock with a sell rating and five have issued a buy rating to the company. According to MarketBeat.com, Rolls-Royce Holdings plc currently has a consensus rating of “Moderate Buy” and an average target price of GBX 553 ($7.07).

Rolls-Royce Holdings plc Stock Down 2.9 %

The company has a 50-day moving average price of GBX 551.52 and a 200-day moving average price of GBX 500.77. The company has a market capitalization of £48.09 billion, a price-to-earnings ratio of 2,080.00, a P/E/G ratio of 0.55 and a beta of 1.82.

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.