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

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

Rolls-Royce Holdings plc Stock Down 2.7 %

Rolls-Royce Holdings plc stock opened at GBX 405.70 ($5.01) on Friday. Rolls-Royce Holdings plc has a 12 month low of GBX 142.48 ($1.76) and a 12 month high of GBX 435 ($5.37). The stock has a market cap of £33.96 billion, a price-to-earnings ratio of 1,398.97, a price-to-earnings-growth ratio of 0.26 and a beta of 1.75. The business has a 50 day moving average price of GBX 392.35 and a two-hundred day moving average price of GBX 311.77.

Analyst Upgrades and Downgrades

RR has been the topic of several recent analyst reports. Shore Capital reiterated a “buy” rating on shares of Rolls-Royce Holdings plc in a report on Thursday, February 22nd. Berenberg Bank reaffirmed a “sell” rating and issued a GBX 240 ($2.96) target price on shares of Rolls-Royce Holdings plc in a report on Thursday, February 22nd. Jefferies Financial Group reiterated a “neutral” rating and set a GBX 530 ($6.55) price target on shares of Rolls-Royce Holdings plc in a report on Monday, April 22nd. Finally, JPMorgan Chase & Co. raised their price objective on shares of Rolls-Royce Holdings plc from GBX 400 ($4.94) to GBX 475 ($5.87) and gave the stock an “overweight” rating in a research note on Monday, February 26th. One investment 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. According to data from MarketBeat, the stock has an average 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.