Rolls-Royce Holdings plc (LON:RR) Insider Sells £59,899.84 in Stock

Rolls-Royce Holdings plc (LON:RR) insider Tufan Erginbilgic sold 4,862 shares of the stock in a transaction on Monday, January 26th. The shares were sold at an average price of GBX 1,232, for a total value of £59,899.84.

Tufan Erginbilgic also recently made the following trade(s):

• On Monday, December 22nd, Tufan Erginbilgic sold 4,986 shares of Rolls-Royce Holdings plc stock. The stock was sold at an average price of GBX 1,164, for a total value of £58,037.04.
• On Friday, November 28th, Tufan Erginbilgic sold 6,128 shares of Rolls-Royce Holdings plc stock. The shares were sold at an average price of GBX 1,065, for a total value of £65,263.20.

Rolls-Royce Holdings plc Stock Performance

RR stock opened at GBX 1,208 on Friday. The company has a market cap of £103.60 billion, a price-to-earnings ratio of 44.04, a P/E/G ratio of 0.55 and a beta of 1.82. The business’s 50-day moving average is GBX 1,162.12 and its two-hundred day moving average is GBX 1,119.32. Rolls-Royce Holdings plc has a fifty-two week low of GBX 196.45 and a fifty-two week high of GBX 537.20.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank upgraded shares of Rolls-Royce Holdings plc to a “hold” rating and boosted their target price for the company from GBX 240 to GBX 1,080 in a research report on Monday, October 20th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,161.50.

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.