Rolls-Royce Holdings plc (LON:RR) Insider Acquires £1,106.64 in Stock

Rolls-Royce Holdings plc (LON:RR) insider Birgit Behrendt purchased 72 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was bought at an average cost of GBX 1,537 per share, with a total value of £1,106.64.

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

• On Tuesday, July 7th, Birgit Behrendt acquired 74 shares of Rolls-Royce Holdings plc stock. The stock was purchased at an average cost of GBX 1,483 per share, for a total transaction of £1,097.42.
• On Monday, June 8th, Birgit Behrendt purchased 91 shares of Rolls-Royce Holdings plc stock. The shares were acquired at an average cost of GBX 1,213 per share, with a total value of £1,103.83.

Rolls-Royce Holdings plc Trading Down 0.5%

Shares of LON RR opened at GBX 1,533 on Thursday. The company has a 50 day simple moving average of GBX 1,406.86 and a two-hundred day simple moving average of GBX 1,296.37. The stock has a market cap of £131.48 billion, a price-to-earnings ratio of 55.88, a PEG ratio of 0.55 and a beta of 1.20. Rolls-Royce Holdings plc has a 12 month low of GBX 196.45 and a 12 month high of GBX 537.20.

Rolls-Royce Holdings plc (LON:RR) last released its quarterly earnings data 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%. Analysts forecast that Rolls-Royce Holdings plc will post 8.5952 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on RR shares. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 1,870 price target on shares of Rolls-Royce Holdings plc in a research report on Friday, July 31st. Berenberg Bank boosted their price objective on Rolls-Royce Holdings plc from GBX 1,270 to GBX 1,430 and gave the company a “buy” rating in a report on Friday, June 12th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 1,325 target price on shares of Rolls-Royce Holdings plc in a research note on Friday, July 31st. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 1,600 price target on shares of Rolls-Royce Holdings plc in a research report on Friday, July 31st. Finally, JPMorgan Chase & Co. boosted their price target on Rolls-Royce Holdings plc from GBX 1,625 to GBX 1,800 and gave the company an “overweight” rating in a report on Tuesday, August 4th. Six investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Rolls-Royce Holdings plc presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,521.

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. 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.