Rolls-Royce Holdings plc (LON:RR) Insider Sells £76,257.72 in Stock

Rolls-Royce Holdings plc (LON:RR) insider Tufan Erginbilgic sold 12,969 shares of the business’s stock in a transaction dated Monday, January 27th. The shares were sold at an average price of GBX 588 ($7.29), for a total value of £76,257.72 ($94,507.03).

Rolls-Royce Holdings plc Stock Performance

Shares of LON:RR opened at GBX 596 ($7.39) on Friday. The business’s 50-day simple moving average is GBX 577.24 and its 200 day simple moving average is GBX 532.49. The company has a market cap of £50.66 billion, a P/E ratio of 2,128.57, a PEG ratio of 0.55 and a beta of 1.82. Rolls-Royce Holdings plc has a one year low of GBX 196.45 ($2.43) and a one year high of GBX 537.20 ($6.66).

Analyst Ratings Changes

Several equities analysts have recently weighed in on RR shares. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 655 ($8.12) price objective on shares of Rolls-Royce Holdings plc in a research note on Thursday, November 7th. Shore Capital reiterated a “buy” rating on shares of Rolls-Royce Holdings plc in a research note on Thursday, November 7th. One investment analyst has rated the stock with a sell rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Rolls-Royce Holdings plc has a consensus rating of “Moderate Buy” and an average target price of GBX 553 ($6.85).

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.