Angela Strank Buys 1,712 Shares of Rolls-Royce Holdings plc (LON:RR) Stock

Rolls-Royce Holdings plc (LON:RR) insider Angela Strank purchased 1,712 shares of Rolls-Royce Holdings plc stock in a transaction dated Thursday, July 30th. The stock was bought at an average price of GBX 1,449 per share, with a total value of £24,806.88.

Angela Strank also recently made the following trade(s):

• On Thursday, June 11th, Angela Strank purchased 2,373 shares of Rolls-Royce Holdings plc stock. The shares were acquired at an average cost of GBX 1,255 per share, with a total value of £29,781.15.

Rolls-Royce Holdings plc Trading Up 6.0%

LON RR opened at GBX 1,463 on Friday. The company’s 50 day moving average is GBX 1,362.77 and its two-hundred day moving average is GBX 1,281.22. Rolls-Royce Holdings plc has a 12 month low of GBX 196.45 and a 12 month high of GBX 537.20. The stock has a market cap of £125.47 billion, a price-to-earnings ratio of 53.33, a PEG ratio of 0.55 and a beta of 1.20.

Rolls-Royce Holdings plc (LON:RR) last issued its quarterly earnings results on Thursday, July 30th. The company reported GBX 22.17 EPS for the quarter. Rolls-Royce Holdings plc had a net margin of 27.54% and a return on equity of 227.54%. Sell-side analysts forecast that Rolls-Royce Holdings plc will post 8.5952 EPS for the current year.

Analyst Ratings Changes

Several analysts have commented on RR shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 1,325 target price on shares of Rolls-Royce Holdings plc in a report on Friday. JPMorgan Chase & Co. raised their price objective on Rolls-Royce Holdings plc from GBX 1,500 to GBX 1,625 and gave the company an “overweight” rating in a research note on Monday, June 29th. Jefferies Financial Group restated a “buy” rating and set a GBX 1,870 price target on shares of Rolls-Royce Holdings plc in a research report on Friday. Finally, Berenberg Bank increased their price objective on Rolls-Royce Holdings plc from GBX 1,270 to GBX 1,430 and gave the stock a “buy” rating in a report on Friday, June 12th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Rolls-Royce Holdings plc has an average rating of “Moderate Buy” and an average price target of GBX 1,470.20.

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.