Birgit Behrendt Acquires 72 Shares of Rolls-Royce Holdings plc (LON:RR) Stock

Key Points

• Insider buying: Birgit Behrendt purchased 72 Rolls-Royce shares for £1,106.64, following two earlier purchases totaling 165 shares since June.
• Analyst sentiment remains positive: Six analysts rate the stock a Buy and one a Hold, giving Rolls-Royce a consensus “Moderate Buy” rating and a GBX 1,521 target price.
• Recent performance and results: Shares traded at GBX 1,530, while the company reported quarterly earnings of GBX 22.17 per share, a 13.11% net margin, and a 108.91% return on equity.

Rolls-Royce Holdings plc (LON:RR - Get Free Report) insider Birgit Behrendt bought 72 shares of Rolls-Royce Holdings plc stock in a transaction dated Friday, August 7th. The stock was purchased at an average price of GBX 1,537 per share, with a total value of £1,106.64.

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

• On Tuesday, July 7th, Birgit Behrendt bought 74 shares of Rolls-Royce Holdings plc stock. The shares were bought at an average price of GBX 1,483 per share, for a total transaction of £1,097.42.
• On Monday, June 8th, Birgit Behrendt purchased 91 shares of Rolls-Royce Holdings plc stock. The shares were purchased at an average cost of GBX 1,213 per share, for a total transaction of £1,103.83.

Rolls-Royce Holdings plc Price Performance

RR traded down GBX 3.40 during trading on Monday, reaching GBX 1,530. 7,489,279 shares of the stock were exchanged. The company has a market capitalization of £131.22 billion, a price-to-earnings ratio of 55.77, a P/E/G 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 business's 50 day moving average price is GBX 1,392.61 and its two-hundred day moving average price is GBX 1,290.74.

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

Analyst Upgrades and Downgrades

Several analysts have commented on RR shares. Berenberg Bank lifted their target price on shares of Rolls-Royce Holdings plc from GBX 1,270 to GBX 1,430 and gave the stock a "buy" rating in a research note on Friday, June 12th. Jefferies Financial Group restated a "buy" rating and set a GBX 1,870 price objective on shares of Rolls-Royce Holdings plc in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 1,325 target price on shares of Rolls-Royce Holdings plc in a research note on Friday, July 31st. JPMorgan Chase & Co. boosted their price target on Rolls-Royce Holdings plc from GBX 1,625 to GBX 1,800 and gave the stock an "overweight" rating in a research report on Tuesday, August 4th. Finally, Royal Bank Of Canada reissued an "outperform" rating and issued a GBX 1,600 price objective on shares of Rolls-Royce Holdings plc in a research report on Friday, July 31st. Six analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 1,521.

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. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source