Insider Buying: Rolls-Royce Holdings plc (LON:RR) Insider Acquires £1,102.60 in Stock

Rolls-Royce Holdings plc (LON:RR) insider Birgit Behrendt purchased 74 shares of Rolls-Royce Holdings plc stock in a transaction on Monday, September 7th. The shares were acquired at an average cost of GBX 1,490 per share, with a total value of £1,102.60.

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

• On Friday, August 7th, Birgit Behrendt acquired 72 shares of Rolls-Royce Holdings plc stock. The shares were acquired at an average price of GBX 1,537 per share, with a total value of £1,106.64.
• On Tuesday, July 7th, Birgit Behrendt acquired 74 shares of Rolls-Royce Holdings plc stock. The stock was acquired at an average cost of GBX 1,483 per share, for a total transaction of £1,097.42.

Rolls-Royce Holdings plc Price Performance

LON:RR opened at GBX 1,430 on Friday. The firm has a market capitalization of £122.64 billion, a P/E ratio of 52.13, a PEG ratio of 0.55 and a beta of 1.20. Rolls-Royce Holdings plc has a 1-year low of GBX 196.45 and a 1-year high of GBX 537.20. The company’s fifty day moving average price is GBX 1,473.12 and its 200-day moving average price is GBX 1,335.06.

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

Analysts Set New Price Targets

A number of equities analysts have weighed in on RR shares. JPMorgan Chase & Co. lifted their price objective on Rolls-Royce Holdings plc from GBX 1,625 to GBX 1,800 and gave the company an “overweight” rating in a research note on Tuesday, August 4th. Berenberg Bank upped their target price on 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. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 1,870 target price on shares of Rolls-Royce Holdings plc in a report 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, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 1,325 price target on shares of Rolls-Royce Holdings plc in a report on Friday, July 31st. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target 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.