Insider Buying: Rolls-Royce Holdings plc (LON:RR) Insider Acquires £1,102.60 in Stock

by · The Markets Daily

Rolls-Royce Holdings plc (LON:RR – Get Free Report) insider Birgit Behrendt purchased 74 shares of the firm’s stock in a transaction dated Monday, September 7th. The stock was acquired at an average cost of GBX 1,490 per share, for a total transaction of £1,102.60.

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

  • On Friday, August 7th, Birgit Behrendt acquired 72 shares of Rolls-Royce Holdings plc stock. The stock was acquired at an average price of GBX 1,537 per share, with a total value of £1,106.64.
  • On Tuesday, July 7th, Birgit Behrendt bought 74 shares of Rolls-Royce Holdings plc stock. The stock was acquired at an average cost of GBX 1,483 per share, for a total transaction of £1,097.42.

Rolls-Royce Holdings plc Stock Up 0.1%

Shares of Rolls-Royce Holdings plc stock traded up GBX 1.40 on Tuesday, hitting GBX 1,490.80. 3,817,010 shares of the company were exchanged. The company has a 50-day moving average price of GBX 1,471.18 and a 200 day moving average price of GBX 1,331.74. The stock has a market capitalization of £127.86 billion, a price-to-earnings ratio of 54.34, a price-to-earnings-growth ratio of 0.55 and a beta of 1.20. Rolls-Royce Holdings plc has a 1-year low of GBX 196.45 and a 1-year high of GBX 537.20.

Rolls-Royce Holdings plc (LON:RR – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported GBX 22.17 EPS for the quarter. Rolls-Royce Holdings plc had a return on equity of 108.91% and a net margin of 13.11%. Research analysts forecast that Rolls-Royce Holdings plc will post 8.5952 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Berenberg Bank raised their price objective on shares of Rolls-Royce Holdings plc from GBX 1,430 to GBX 1,900 and gave the stock a “buy” rating in a research report on Tuesday, August 18th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 1,325 price objective on shares of Rolls-Royce Holdings plc in a report on Friday, July 31st. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 1,600 target price on shares of Rolls-Royce Holdings plc in a research note on Friday, July 31st. 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 note on Monday, August 17th. Finally, JPMorgan Chase & Co. raised their price objective on Rolls-Royce Holdings plc from GBX 1,625 to GBX 1,800 and gave the stock an “overweight” rating in a research report on Tuesday, August 4th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Rolls-Royce Holdings plc has an average rating of “Moderate Buy” and an average price target of GBX 1,690.33.

Read Our Latest Report on Rolls-Royce Holdings plc

Rolls-Royce Holdings plc Company Profile

(Get Free Report)

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.

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