Insider Buying: Rolls-Royce Holdings plc (LON:RR) Insider Acquires £1,096 in Stock

Rolls-Royce Holdings plc (LON:RR) insider Birgit Behrendt purchased 100 shares of the company’s stock in a transaction that occurred on Monday, December 8th. The shares were purchased 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 acquired 97 shares of Rolls-Royce Holdings plc stock. The stock was purchased at an average cost of GBX 1,129 per share, for a total transaction of £1,095.13.
• On Tuesday, October 7th, Birgit Behrendt acquired 96 shares of Rolls-Royce Holdings plc stock. The stock was purchased at an average cost of GBX 1,148 per share, with a total value of £1,102.08.

Rolls-Royce Holdings plc Price Performance

Shares of LON:RR opened at GBX 1,106 on Friday. The firm has a market capitalization of £94.86 billion, a PE ratio of 40.32, a price-to-earnings-growth ratio of 0.55 and a beta of 1.82. The business has a 50 day simple moving average of GBX 1,114.79 and a two-hundred day simple moving average of GBX 1,046.75. Rolls-Royce Holdings plc has a 1 year low of GBX 196.45 and a 1 year high of GBX 537.20.

Wall Street Analyst Weigh In

RR has been the topic of several research analyst reports. Berenberg Bank raised Rolls-Royce Holdings plc to a “hold” rating and upped their price objective for the company from GBX 240 to GBX 1,080 in a research report on Monday, October 20th. Citigroup boosted their target price on shares of Rolls-Royce Holdings plc from GBX 641 to GBX 1,101 and gave the company a “neutral” rating in a research note on Friday, August 29th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Rolls-Royce Holdings plc in a research note on Friday, September 5th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Rolls-Royce Holdings plc has an average rating of “Moderate Buy” and an average price target of GBX 1,161.50.

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.