Rolls-Royce Holdings plc (LON:RR) Insider Buys 87 Shares of Stock

Key Points

• Rolls-Royce insider Birgit Behrendt bought 87 shares at GBX 1,268, a transaction worth £1,103.16. She had also made several purchases in the preceding months, including 6,900 shares in September.
• The shares rose GBX 59.40 to GBX 1,320.60 in Tuesday mid-day trading.
• Analyst sentiment was broadly positive: five analysts rated the stock a Buy and one a Hold, with a consensus target price of GBX 1,690.33.

Rolls-Royce Holdings plc (LON:RR - Get Free Report) insider Birgit Behrendt acquired 87 shares of Rolls-Royce Holdings plc stock in a transaction dated Monday, November 9th. The shares were purchased at an average price of GBX 1,268 per share, with a total value of £1,103.16.

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

• On Wednesday, October 7th, Birgit Behrendt bought 77 shares of Rolls-Royce Holdings plc stock. The stock was purchased at an average cost of GBX 1,427 per share, for a total transaction of £1,098.79.
• On Thursday, September 10th, Birgit Behrendt bought 6,900 shares of Rolls-Royce Holdings plc stock. The stock was purchased at an average cost of GBX 1,427 per share, for a total transaction of £98,463.
• On Monday, September 7th, Birgit Behrendt bought 74 shares of Rolls-Royce Holdings plc stock. The shares were purchased at an average price of GBX 1,490 per share, for a total transaction of £1,102.60.

Rolls-Royce Holdings plc Stock Performance

LON:RR traded up GBX 59.40 during mid-day trading on Tuesday, hitting GBX 1,320.60. 10,012,358 shares of the stock were exchanged. The stock has a market capitalization of £113.26 billion, a price-to-earnings ratio of 48.14, a price-to-earnings-growth ratio of 0.55 and a beta of 1.20. The firm's 50-day simple moving average is GBX 1,389.03 and its 200 day simple moving average is GBX 1,334.06. Rolls-Royce Holdings plc has a fifty-two week low of GBX 196.45 and a fifty-two week high of GBX 537.20.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a GBX 1,325 price objective on shares of Rolls-Royce Holdings plc in a research report on Friday, July 31st. Citigroup boosted their target price on shares of Rolls-Royce Holdings plc from GBX 1,101 to GBX 1,647 and gave the company a "neutral" rating in a research report on Monday, August 17th. Jefferies Financial Group restated a "buy" rating and issued a GBX 1,870 price target on shares of Rolls-Royce Holdings plc in a research note on Friday, July 31st. Berenberg Bank upped their price target on shares of 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. Finally, JPMorgan Chase & Co. raised their price target on shares of 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. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Rolls-Royce Holdings plc has an average rating of "Moderate Buy" and a consensus target price of GBX 1,690.33.

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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