Rolls-Royce Holdings plc (LON:RR) Insider Acquires £150.40 in Stock

Rolls-Royce Holdings plc (LON:RR) insider Helen McCabe bought 32 shares of the firm’s stock in a transaction on Monday, September 9th. The stock was purchased at an average cost of GBX 470 ($6.15) per share, with a total value of £150.40 ($196.68).

Rolls-Royce Holdings plc Stock Performance

LON RR opened at GBX 501.20 ($6.55) on Friday. The business’s 50 day moving average price is GBX 470.26 and its 200-day moving average price is GBX 439.65. The company has a market cap of £42.60 billion, a P/E ratio of 1,763.57, a P/E/G ratio of 0.47 and a beta of 1.82. Rolls-Royce Holdings plc has a fifty-two week low of GBX 196.45 ($2.57) and a fifty-two week high of GBX 505 ($6.60).

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. JPMorgan Chase & Co. upped their price objective on Rolls-Royce Holdings plc from GBX 475 ($6.21) to GBX 535 ($7.00) and gave the company an “overweight” rating in a research report on Tuesday, August 6th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 640 ($8.37) target price on shares of Rolls-Royce Holdings plc in a research note on Tuesday, September 3rd. Shore Capital restated a “buy” rating on shares of Rolls-Royce Holdings plc in a research note on Thursday, May 23rd. Bank of America reaffirmed a “buy” rating and set a GBX 675 ($8.83) price objective on shares of Rolls-Royce Holdings plc in a report on Monday, September 2nd. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 555 ($7.26) price objective on shares of Rolls-Royce Holdings plc in a research report on Tuesday, September 3rd. One research analyst has rated the stock with a sell rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Rolls-Royce Holdings plc currently has a consensus rating of “Moderate Buy” and an average target price of GBX 529 ($6.92).

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.