Key Points
- Insider buying: Director Birgit Behrendt purchased 100 shares on Dec. 8 at GBX 1,096 each, adding to prior buys of 97 shares on Nov. 7 and 96 shares on Oct. 7 — 293 shares bought in total over three months.
- Rolls-Royce shares were trading up about 2.1%, opening near GBX 1,107, with the stock around its 50-day and 200-day moving averages of GBX 1,117.79 and GBX 1,045.88 respectively.
- Analysts hold a consensus rating of Moderate Buy with an average price target of GBX 1,161.50.
Rolls-Royce Holdings plc (LON:RR - Get Free Report) insider Birgit Behrendt acquired 100 shares of Rolls-Royce Holdings plc stock in a transaction dated Monday, December 8th. The shares were bought at an average cost of GBX 1,096 per share, with a total value of £1,096.
Birgit Behrendt also recently made the following trade(s):
- On Friday, November 7th, Birgit Behrendt bought 97 shares of Rolls-Royce Holdings plc stock. The shares were bought at an average price of GBX 1,129 per share, for a total transaction of £1,095.13.
- On Tuesday, October 7th, Birgit Behrendt bought 96 shares of Rolls-Royce Holdings plc stock. The shares were bought at an average cost of GBX 1,148 per share, for a total transaction of £1,102.08.
Rolls-Royce Holdings plc Trading Up 2.1%
LON:RR opened at GBX 1,107 on Wednesday. The stock has a market capitalization of £94.94 billion, a price-to-earnings ratio of 40.35, a PEG ratio of 0.55 and a beta of 1.82. The firm has a fifty day simple moving average of GBX 1,117.79 and a two-hundred day simple moving average of GBX 1,045.88. Rolls-Royce Holdings plc has a 12 month low of GBX 196.45 and a 12 month high of GBX 537.20.
Analyst Upgrades and Downgrades
Several analysts have recently commented on the company. Berenberg Bank upgraded Rolls-Royce Holdings plc to a "hold" rating and raised their target price for the company from GBX 240 to GBX 1,080 in a research note on Monday, October 20th. Citigroup increased their price target on Rolls-Royce Holdings plc from GBX 641 to GBX 1,101 and gave the stock a "neutral" rating in a report on Friday, August 29th. 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 three have assigned a Hold rating to the company's stock. According to MarketBeat, Rolls-Royce Holdings plc currently has a consensus rating of "Moderate Buy" and an average price target of GBX 1,161.50.
Get Our Latest Stock Analysis on RR
Rolls-Royce Holdings plc Company Profile
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
