Rolls-Royce Holdings plc (LON:RR) Insider Birgit Behrendt Buys 89 Shares of Stock

Rolls-Royce Holdings plc (LON:RR) insider Birgit Behrendt purchased 89 shares of the firm’s stock in a transaction dated Monday, February 9th. The shares were purchased at an average cost of GBX 1,242 per share, for a total transaction of £1,105.38.

Birgit Behrendt also recently made the following trade(s):

• On Wednesday, January 7th, Birgit Behrendt purchased 88 shares of Rolls-Royce Holdings plc stock. The stock was acquired at an average cost of GBX 1,255 per share, for a total transaction of £1,104.40.
• On Monday, December 8th, Birgit Behrendt acquired 100 shares of Rolls-Royce Holdings plc stock. The shares were bought at an average price of GBX 1,096 per share, with a total value of £1,096.

Rolls-Royce Holdings plc Stock Performance

Shares of LON:RR opened at GBX 1,248 on Thursday. The stock has a market cap of £107.03 billion, a PE ratio of 45.49, a price-to-earnings-growth ratio of 0.55 and a beta of 1.82. The business’s fifty day moving average price is GBX 1,193.96 and its two-hundred day moving average price is GBX 1,134.97. Rolls-Royce Holdings plc has a one year low of GBX 196.45 and a one year high of GBX 537.20.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on RR. Berenberg Bank upgraded Rolls-Royce Holdings plc to a “hold” rating and upped their price target for the stock from GBX 240 to GBX 1,080 in a research note on Monday, October 20th. Deutsche Bank Aktiengesellschaft upped their price target on Rolls-Royce Holdings plc from GBX 1,290 to GBX 1,550 and gave the stock a “buy” rating in a report on Monday, February 2nd. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Rolls-Royce Holdings plc currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,244.

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. 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.