Birgit Behrendt Purchases 91 Shares of Rolls-Royce Holdings plc (LON:RR) Stock

Key Points

• Insider buying: Director Birgit Behrendt purchased 91 shares on March 9 at GBX 1,203 (£1,094.73) and also bought 89 shares on Feb 9 and 88 shares on Jan 7, indicating consistent insider purchases over the past quarter.
• Market and analyst snapshot: Rolls‑Royce traded at GBX 1,238.50 (50‑day MA GBX 1,261.72; 200‑day MA GBX 1,167.27), has a market cap of £106.22B, and holds a consensus "Moderate Buy" rating with an average price target of GBX 1,286.50.

Rolls-Royce Holdings plc (LON:RR - Get Free Report) insider Birgit Behrendt purchased 91 shares of the company's stock in a transaction that occurred on Monday, March 9th. The shares were acquired at an average price of GBX 1,203 per share, for a total transaction of £1,094.73.

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

• On Monday, February 9th, Birgit Behrendt acquired 89 shares of Rolls-Royce Holdings plc stock. The stock was acquired at an average price of GBX 1,242 per share, with a total value of £1,105.38.
• On Wednesday, January 7th, Birgit Behrendt bought 88 shares of Rolls-Royce Holdings plc stock. The shares were acquired at an average cost of GBX 1,255 per share, with a total value of £1,104.40.

Rolls-Royce Holdings plc Price Performance

Shares of LON RR traded down GBX 26.50 during mid-day trading on Tuesday, reaching GBX 1,238.50. 18,908,625 shares of the company's stock were exchanged. The firm has a 50-day moving average price of GBX 1,261.72 and a two-hundred day moving average price of GBX 1,167.27. The firm has a market capitalization of £106.22 billion, a price-to-earnings ratio of 45.15, a price-to-earnings-growth ratio of 0.55 and a beta of 1.17. Rolls-Royce Holdings plc has a 52 week low of GBX 196.45 and a 52 week high of GBX 537.20.

Rolls-Royce Holdings plc (LON:RR - Get Free Report) last posted its quarterly earnings results on Thursday, February 26th. The company reported GBX 29.55 earnings per share for the quarter. Rolls-Royce Holdings plc had a net margin of 27.54% and a return on equity of 227.54%. As a group, sell-side analysts forecast that Rolls-Royce Holdings plc will post 8.5952 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Berenberg Bank raised their price target on shares of Rolls-Royce Holdings plc from GBX 1,080 to GBX 1,250 and gave the stock a "hold" rating in a research note on Wednesday, March 4th. Deutsche Bank Aktiengesellschaft increased their price objective on Rolls-Royce Holdings plc from GBX 1,290 to GBX 1,550 and gave the company a "buy" rating in a report on Monday, February 2nd. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of GBX 1,286.50.

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.

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