Rolls-Royce Holdings plc (LON:RR) Insider Acquires £19,846.05 in Stock

Rolls-Royce Holdings plc (LON:RR) insider Angela Strank bought 1,383 shares of the stock in a transaction dated Thursday, September 10th. The shares were bought at an average cost of GBX 1,435 per share, with a total value of £19,846.05.

Angela Strank also recently made the following trade(s):

• On Thursday, July 30th, Angela Strank purchased 1,712 shares of Rolls-Royce Holdings plc stock. The stock was bought at an average price of GBX 1,449 per share, for a total transaction of £24,806.88.

Rolls-Royce Holdings plc Price Performance

RR stock opened at GBX 1,454.60 on Monday. The company has a market capitalization of £124.75 billion, a PE ratio of 53.02, a P/E/G ratio of 0.55 and a beta of 1.20. Rolls-Royce Holdings plc has a 12 month low of GBX 196.45 and a 12 month high of GBX 537.20. The firm’s 50-day moving average is GBX 1,472.21 and its 200 day moving average is GBX 1,335.73.

Rolls-Royce Holdings plc (LON:RR) last announced its quarterly earnings data on Thursday, July 30th. The company reported GBX 22.17 earnings per share for the quarter. Rolls-Royce Holdings plc had a net margin of 13.11% and a return on equity of 108.91%. Sell-side analysts forecast that Rolls-Royce Holdings plc will post 8.5952 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on RR. Citigroup boosted 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. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 1,325 price objective on shares of Rolls-Royce Holdings plc in a report on Friday, July 31st. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 1,600 target price on shares of Rolls-Royce Holdings plc in a research report on Friday, July 31st. Berenberg Bank upped their target price on Rolls-Royce Holdings plc from GBX 1,430 to GBX 1,900 and gave the stock a “buy” rating in a report on Tuesday, August 18th. Finally, JPMorgan Chase & Co. increased their price target on 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 equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,690.33.

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.