Birgit Behrendt Acquires 74 Shares of Rolls-Royce Holdings plc (LON:RR) Stock

Key Points

• Insider buying: Birgit Behrendt purchased 74 Rolls-Royce shares at GBX 1,490 each, investing £1,102.60. This follows similar purchases in July and August.
• Stock performance: Rolls-Royce shares traded at GBX 1,490.80, with a market capitalization of £127.86 billion and a P/E ratio of 54.34.
• Analyst outlook: Analysts maintain a “Moderate Buy” consensus, with five Buy ratings and one Hold rating and an average price target of GBX 1,690.33.

Rolls-Royce Holdings plc (LON:RR - Get Free Report) insider Birgit Behrendt purchased 74 shares of the business's stock in a transaction that occurred on Monday, September 7th. The stock was acquired at an average price of GBX 1,490 per share, for a total transaction 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 price of GBX 1,483 per share, for a total transaction of £1,097.42.

Rolls-Royce Holdings plc Stock Performance

Shares of Rolls-Royce Holdings plc stock traded up GBX 1.40 during trading on Tuesday, hitting GBX 1,490.80. 3,817,010 shares of the company's stock were exchanged. The stock has a market capitalization of £127.86 billion, a price-to-earnings ratio of 54.34, a PEG ratio of 0.55 and a beta of 1.20. The business has a 50-day simple moving average of GBX 1,471.18 and a 200-day simple moving average of GBX 1,331.74. 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 released its quarterly earnings data on Thursday, July 30th. The company reported GBX 22.17 earnings per share for the quarter. Rolls-Royce Holdings plc had a return on equity of 108.91% and a net margin of 13.11%. On average, equities analysts anticipate that Rolls-Royce Holdings plc will post 8.5952 earnings per share for the current fiscal year.

Analysts Set New Price Targets

RR has been the topic of several analyst reports. Royal Bank Of Canada restated 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. Berenberg Bank lifted their price target on Rolls-Royce Holdings plc from GBX 1,430 to GBX 1,900 and gave the company a "buy" rating in a research note on Tuesday, August 18th. Citigroup increased their price target on Rolls-Royce Holdings plc from GBX 1,101 to GBX 1,647 and gave the stock a "neutral" rating in a research report on Monday, August 17th. JPMorgan Chase & Co. raised 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 report on Tuesday, August 4th. Finally, Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 1,870 target price on shares of Rolls-Royce Holdings plc in a research note on Friday, July 31st. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Rolls-Royce Holdings plc presently has an average 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.

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