Rolls-Royce Holdings plc (LON:RR) Stock Falls 3.2% - Should You Sell?

Key Points

• Rolls-Royce shares fell 3.2% in mid-day trading to GBX 1,239.40, below both their 50-day moving average of GBX 1,419.32 and 200-day average of GBX 1,334.23.
• Analyst sentiment remains positive: five analysts rate the stock a Buy and one rates it Hold, producing a consensus “Moderate Buy” rating and average target price of GBX 1,690.33.
• Insiders have been buying shares, with 8,912 shares purchased over the last quarter, although insider ownership remains low at 0.04%.

Rolls-Royce Holdings plc (LON:RR - Get Free Report) fell 3.2% during mid-day trading on Monday. The company traded as low as GBX 1,220 and last traded at GBX 1,239.40. Approximately 11,063,911 shares changed hands during mid-day trading, The stock had previously closed at GBX 1,280.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Royal Bank Of Canada restated an "outperform" rating and set a GBX 1,600 target price 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 price target on shares of Rolls-Royce Holdings plc in a research note on Friday, July 31st. Jefferies Financial Group reissued a "buy" rating and set a GBX 1,870 price target on shares of Rolls-Royce Holdings plc in a report on Friday, July 31st. Citigroup raised their price target on Rolls-Royce Holdings plc from GBX 1,101 to GBX 1,647 and gave the company a "neutral" rating in a report on Monday, August 17th. Finally, Berenberg Bank boosted their price objective on Rolls-Royce Holdings plc from GBX 1,430 to GBX 1,900 and gave the company a "buy" rating in a research report on Tuesday, August 18th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of GBX 1,690.33.

Rolls-Royce Holdings plc Stock Performance

The business's fifty day simple moving average is GBX 1,419.32 and its 200-day simple moving average is GBX 1,334.23. The firm has a market capitalization of £109.45 billion, a PE ratio of 46.52, a price-to-earnings-growth ratio of 0.55 and a beta of 1.20.

Insider Buying and Selling

In related news, insider Wendy Mars purchased 128 shares of Rolls-Royce Holdings plc stock in a transaction on Wednesday, October 7th. The shares were bought at an average cost of GBX 1,427 per share, for a total transaction of £1,826.56. Also, insider Angela Strank purchased 1,383 shares of Rolls-Royce Holdings plc stock in a transaction on Thursday, September 10th. The stock was bought at an average price of GBX 1,435 per share, for a total transaction of £19,846.05. Over the last quarter, insiders purchased 8,912 shares of company stock worth $12,764,246. 0.04% of the stock is owned by insiders.

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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