Rolls-Royce Holdings plc (LON:RR) Insider Birgit Behrendt Buys 87 Shares of Company Stock

Rolls-Royce Holdings plc (LON:RR) insider Birgit Behrendt acquired 87 shares of the company’s stock in a transaction on Monday, November 9th. The stock was bought at an average cost of GBX 1,268 per share, with a total value of £1,103.16.

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

• On Wednesday, October 7th, Birgit Behrendt bought 77 shares of Rolls-Royce Holdings plc stock. The shares were bought at an average price of GBX 1,427 per share, with a total value of £1,098.79.
• On Thursday, September 10th, Birgit Behrendt bought 6,900 shares of Rolls-Royce Holdings plc stock. The shares were bought at an average cost of GBX 1,427 per share, for a total transaction of £98,463.
• On Monday, September 7th, Birgit Behrendt bought 74 shares of Rolls-Royce Holdings plc stock. The shares were bought at an average cost of GBX 1,490 per share, for a total transaction of £1,102.60.

Rolls-Royce Holdings plc Stock Performance

Shares of LON RR traded up GBX 59.40 during mid-day trading on Tuesday, reaching GBX 1,320.60. The company had a trading volume of 10,012,358 shares. The firm has a market cap of £113.26 billion, a price-to-earnings ratio of 48.14, a PEG ratio of 0.55 and a beta of 1.20. The business’s 50-day simple moving average is GBX 1,389.03 and its 200 day simple moving average is GBX 1,334.06. Rolls-Royce Holdings plc has a one year low of GBX 196.45 and a one year high of GBX 537.20.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on RR. Berenberg Bank increased 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 note on Tuesday, August 18th. 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 report on Friday, July 31st. Citigroup upped their price target 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. JPMorgan Chase & Co. upped 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 report on Tuesday, August 4th. Finally, 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. 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 currently has a consensus 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.