Rolls-Royce Holdings plc (LON:RR) Insider Acquires £1,098.79 in Stock

Rolls-Royce Holdings plc (LON:RR) insider Birgit Behrendt purchased 77 shares of the firm’s stock in a transaction on Wednesday, October 7th. The shares were acquired at an average price of GBX 1,427 per share, for a total transaction of £1,098.79.

Birgit Behrendt also recently made the following trade(s):

• On Thursday, September 10th, Birgit Behrendt purchased 6,900 shares of Rolls-Royce Holdings plc stock. The stock was acquired at an average cost of GBX 1,427 per share, for a total transaction of £98,463.
• On Monday, September 7th, Birgit Behrendt acquired 74 shares of Rolls-Royce Holdings plc stock. The stock was acquired at an average price of GBX 1,490 per share, with a total value of £1,102.60.
• On Friday, August 7th, Birgit Behrendt acquired 72 shares of Rolls-Royce Holdings plc stock. The shares were acquired at an average cost of GBX 1,537 per share, with a total value of £1,106.64.

Rolls-Royce Holdings plc Stock Performance

LON:RR opened at GBX 1,385.20 on Friday. The company has a 50-day moving average of GBX 1,490.64 and a 200-day moving average of GBX 1,359.20. Rolls-Royce Holdings plc has a 52 week low of GBX 196.45 and a 52 week high of GBX 537.20. The company has a market capitalization of £118.80 billion, a price-to-earnings ratio of 50.49, a PEG ratio of 0.55 and a beta of 1.20.

Rolls-Royce Holdings plc (LON:RR) last posted its earnings results on Thursday, July 30th. The company reported GBX 22.17 earnings per share for the quarter. Rolls-Royce Holdings plc had a net margin of 13.11% and a return on equity of 108.91%. Sell-side analysts forecast that Rolls-Royce Holdings plc will post 8.60 EPS for the current year.

Analysts Set New Price Targets

RR has been the topic of several analyst reports. JPMorgan Chase & Co. upped their price objective on Rolls-Royce Holdings plc from GBX 1,625 to GBX 1,800 and gave the company an “overweight” rating in a research note on Tuesday, August 4th. Citigroup upped their price target on Rolls-Royce Holdings plc from GBX 1,101 to GBX 1,647 and gave the company a “neutral” rating in a research report on Monday, August 17th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,870 price objective on shares of Rolls-Royce Holdings plc in a research report on Friday, July 31st. Royal Bank Of Canada restated an “outperform” rating and set a GBX 1,600 target price on shares of Rolls-Royce Holdings plc in a report on Friday, July 31st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 1,325 price target on shares of Rolls-Royce Holdings plc in a research report on Friday, July 31st. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Rolls-Royce Holdings plc currently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,690.33.

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. 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.