Rolls-Royce Holdings plc (LON:RR) Insider Tufan Erginbilgic Buys 8,049 Shares

Rolls-Royce Holdings plc (LON:RR) insider Tufan Erginbilgic bought 8,049 shares of Rolls-Royce Holdings plc stock in a transaction on Friday, April 26th. The shares were purchased at an average cost of GBX 406 ($5.01) per share, with a total value of £32,678.94 ($40,364.30).

Rolls-Royce Holdings plc Stock Performance

Shares of Rolls-Royce Holdings plc stock opened at GBX 421.10 ($5.20) on Monday. The firm has a market capitalization of £35.25 billion, a price-to-earnings ratio of 1,452.07, a PEG ratio of 0.26 and a beta of 1.75. Rolls-Royce Holdings plc has a fifty-two week low of GBX 142.48 ($1.76) and a fifty-two week high of GBX 435 ($5.37). The stock has a 50 day moving average of GBX 394.07 and a 200 day moving average of GBX 314.61.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on RR shares. Jefferies Financial Group restated a “neutral” rating and issued a GBX 530 ($6.55) price target on shares of Rolls-Royce Holdings plc in a research report on Monday, April 22nd. JPMorgan Chase & Co. upped their price target on Rolls-Royce Holdings plc from GBX 400 ($4.94) to GBX 475 ($5.87) and gave the company an “overweight” rating in a research report on Monday, February 26th. Shore Capital restated a “buy” rating on shares of Rolls-Royce Holdings plc in a research report on Thursday, February 22nd. Finally, Berenberg Bank restated a “sell” rating and issued a GBX 240 ($2.96) price target on shares of Rolls-Royce Holdings plc in a research report on Thursday, February 22nd. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of GBX 342.20 ($4.23).

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.