Insider Buying: Rolls-Royce Holdings plc (LON:RR) Insider Acquires 97 Shares of Stock

Rolls-Royce Holdings plc (LON:RR) insider Birgit Behrendt acquired 97 shares of the business’s stock in a transaction dated Friday, November 7th. The shares were bought at an average price of GBX 1,129 per share, for a total transaction of £1,095.13.

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

• On Tuesday, October 7th, Birgit Behrendt acquired 96 shares of Rolls-Royce Holdings plc stock. The stock was purchased at an average cost of GBX 1,148 per share, for a total transaction of £1,102.08.
• On Tuesday, September 9th, Birgit Behrendt purchased 102 shares of Rolls-Royce Holdings plc stock. The stock was bought at an average price of GBX 1,074 per share, with a total value of £1,095.48.

Rolls-Royce Holdings plc Stock Performance

Shares of LON:RR traded up GBX 7 during mid-day trading on Monday, hitting GBX 1,138.50. 10,090,760 shares of the company traded hands. The firm has a market cap of £97.64 billion, a P/E ratio of 41.50, a PEG ratio of 0.55 and a beta of 1.82. The firm’s 50 day simple moving average is GBX 1,133.86 and its 200 day simple moving average is GBX 999.31. Rolls-Royce Holdings plc has a 52-week low of GBX 196.45 and a 52-week high of GBX 537.20.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Shore Capital reissued a “hold” rating on shares of Rolls-Royce Holdings plc in a report on Thursday, July 31st. Morgan Stanley reiterated an “overweight” rating on shares of Rolls-Royce Holdings plc in a research report on Friday, September 5th. Deutsche Bank Aktiengesellschaft lifted their price target on Rolls-Royce Holdings plc from GBX 1,000 to GBX 1,220 and gave the company a “buy” rating in a research report on Thursday, August 7th. Citigroup upped their price objective on Rolls-Royce Holdings plc from GBX 641 to GBX 1,101 and gave the company a “neutral” rating in a report on Friday, August 29th. Finally, Berenberg Bank upgraded shares of Rolls-Royce Holdings plc to a “hold” rating and boosted their target price for the stock from GBX 240 to GBX 1,080 in a report on Monday, October 20th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,161.50.

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.