Rolls-Royce Holdings plc (LON:RR – Get Rating) insider Anita Frew bought 50,000 shares of the company’s stock in a transaction that occurred on Thursday, August 4th. The shares were bought at an average cost of GBX 82 ($1.00) per share, for a total transaction of £41,000 ($50,238.94).
Rolls-Royce Holdings plc Trading Up 0.4 %
LON:RR opened at GBX 83 ($1.02) on Friday. The stock has a market cap of £6.95 billion and a P/E ratio of 8,265.00. The stock has a 50 day simple moving average of GBX 87.88 and a 200 day simple moving average of GBX 94.92. Rolls-Royce Holdings plc has a 1-year low of GBX 77.87 ($0.95) and a 1-year high of GBX 161.91 ($1.98).
Wall Street Analyst Weigh In
A number of brokerages have commented on RR. Citigroup restated a “buy” rating and set a GBX 147 ($1.80) price target on shares of Rolls-Royce Holdings plc in a research note on Thursday, June 23rd. Deutsche Bank Aktiengesellschaft cut their target price on shares of Rolls-Royce Holdings plc from GBX 95 ($1.16) to GBX 90 ($1.10) and set a “buy” rating for the company in a research note on Friday. Morgan Stanley reissued an “equal weight” rating on shares of Rolls-Royce Holdings plc in a report on Tuesday, April 26th. Berenberg Bank reaffirmed a “hold” rating and set a GBX 100 ($1.23) target price on shares of Rolls-Royce Holdings plc in a report on Thursday. Finally, JPMorgan Chase & Co. decreased their price target on shares of Rolls-Royce Holdings plc from GBX 70 ($0.86) to GBX 60 ($0.74) and set an “underweight” rating for the company in a report on Friday. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of GBX 105.80 ($1.30).
About Rolls-Royce Holdings plc
Rolls-Royce Holdings plc operates as an industrial technology company in the United Kingdom and internationally. The company operates in four segments: Civil Aerospace, Power Systems, Defence, and New Markets. The Civil Aerospace segment develops, manufactures, and sells aero engines for large commercial aircraft, regional jet, and business aviation markets, as well as provides aftermarket services.
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