Birgit Behrendt Acquires 102 Shares of Rolls-Royce Holdings plc (LON:RR) Stock

Key Points

• Birgit Behrendt, a Rolls-Royce insider, purchased 102 shares at an average price of GBX 1,074, totaling approximately £1,095.48.
• Rolls-Royce Holdings plc's stock price has a market capitalization of £93.23 billion, with a 50-day moving average of GBX 1,031.44 and a 52-week high of GBX 537.20.
• Analyst ratings show a consensus of "Moderate Buy" for Rolls-Royce with an average price target of GBX 1,188.67, reflecting positive sentiment in recent reports from multiple financial analysts.

Rolls-Royce Holdings plc (LON:RR - Get Free Report) insider Birgit Behrendt purchased 102 shares of the firm's stock in a transaction that occurred on Tuesday, September 9th. 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 6.50 during midday trading on Monday, reaching GBX 1,130. The company had a trading volume of 28,261,200 shares. Rolls-Royce Holdings plc has a 1-year low of GBX 196.45 and a 1-year high of GBX 537.20. The firm has a market cap of £96.91 billion, a price-to-earnings ratio of 41.19, a price-to-earnings-growth ratio of 0.55 and a beta of 1.82. The company has a fifty day simple moving average of GBX 1,040.89 and a two-hundred day simple moving average of GBX 886.34.

Rolls-Royce Holdings plc (LON:RR - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported GBX 15.74 earnings per share for the quarter. Rolls-Royce Holdings plc had a negative return on equity of 78.08% and a net margin of 13.08%. Analysts expect that Rolls-Royce Holdings plc will post 8.5952 EPS for the current year.

Analysts Set New Price Targets

RR has been the subject of a number of recent analyst reports. Citigroup increased their price target on Rolls-Royce Holdings plc from GBX 641 to GBX 1,101 and gave the company a "neutral" rating in a research report on Friday, August 29th. Shore Capital reissued a "hold" rating on shares of Rolls-Royce Holdings plc in a research note on Thursday, July 31st. JPMorgan Chase & Co. increased their price objective on Rolls-Royce Holdings plc from GBX 1,040 to GBX 1,245 and gave the stock an "overweight" rating in a research note on Monday, August 11th. Deutsche Bank Aktiengesellschaft increased their price objective on Rolls-Royce Holdings plc from GBX 1,000 to GBX 1,220 and gave the stock a "buy" rating in a research note on Thursday, August 7th. Finally, Morgan Stanley reissued an "overweight" rating on shares of Rolls-Royce Holdings plc in a research note on Friday, September 5th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Rolls-Royce Holdings plc presently has an average rating of "Moderate Buy" and a consensus price target of GBX 1,188.67.

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.