Rolls-Royce Holdings plc (LON:RR) Insider Acquires £98,463 in Stock

Rolls-Royce Holdings plc (LON:RR) insider Birgit Behrendt purchased 6,900 shares of the firm’s stock in a transaction dated Thursday, September 10th. The stock was bought at an average cost of GBX 1,427 per share, for a total transaction of £98,463.

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

• On Monday, September 7th, Birgit Behrendt acquired 74 shares of Rolls-Royce Holdings plc stock. The shares were bought at an average cost 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 bought at an average cost 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 bought at an average price of GBX 1,483 per share, with a total value of £1,097.42.

Rolls-Royce Holdings plc Stock Performance

Shares of LON:RR opened at GBX 1,454.60 on Monday. The firm has a market capitalization of £124.75 billion, a PE ratio of 53.02, a price-to-earnings-growth ratio of 0.55 and a beta of 1.20. Rolls-Royce Holdings plc has a 52-week low of GBX 196.45 and a 52-week high of GBX 537.20. The firm has a fifty day moving average of GBX 1,472.21 and a 200 day moving average of GBX 1,335.73.

Rolls-Royce Holdings plc (LON:RR) last released its quarterly earnings results on Thursday, July 30th. The company reported GBX 22.17 earnings per share for the quarter. Rolls-Royce Holdings plc had a return on equity of 108.91% and a net margin of 13.11%. On average, sell-side analysts forecast that Rolls-Royce Holdings plc will post 8.5952 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on RR. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 1,600 price objective on shares of Rolls-Royce Holdings plc in a report on Friday, July 31st. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 1,870 target price on shares of Rolls-Royce Holdings plc in a research note on Friday, July 31st. Berenberg Bank increased their price target on shares of Rolls-Royce Holdings plc from GBX 1,430 to GBX 1,900 and gave the company a “buy” rating in a research report on Tuesday, August 18th. JPMorgan Chase & Co. lifted their price target on shares of Rolls-Royce Holdings plc from GBX 1,625 to GBX 1,800 and gave the stock an “overweight” rating in a research note on Tuesday, August 4th. Finally, Citigroup boosted their price objective on shares of Rolls-Royce Holdings plc from GBX 1,101 to GBX 1,647 and gave the stock a “neutral” rating in a report on Monday, August 17th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Rolls-Royce Holdings plc has an average rating of “Moderate Buy” and a consensus target price 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.