Birgit Behrendt Purchases 91 Shares of Rolls-Royce Holdings plc (LON:RR) Stock

Rolls-Royce Holdings plc (LON:RR) insider Birgit Behrendt purchased 91 shares of the stock in a transaction that occurred on Monday, June 8th. The stock was bought at an average price of GBX 1,213 per share, with a total value of £1,103.83.

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

• On Friday, May 8th, Birgit Behrendt purchased 1,290 shares of Rolls-Royce Holdings plc stock. The shares were purchased at an average cost of GBX 2,309 per share, with a total value of £29,786.10.

Rolls-Royce Holdings plc Stock Down 0.1%

Rolls-Royce Holdings plc stock traded down GBX 1 during midday trading on Tuesday, reaching GBX 1,259. The stock had a trading volume of 11,166,768 shares. Rolls-Royce Holdings plc has a 52-week low of GBX 196.45 and a 52-week high of GBX 537.20. The firm has a market cap of £107.98 billion, a price-to-earnings ratio of 45.89, a price-to-earnings-growth ratio of 0.55 and a beta of 1.22. The company has a fifty day moving average of GBX 1,215.59 and a 200 day moving average of GBX 1,208.38.

Analysts Set New Price Targets

A number of research firms recently issued reports on RR. Jefferies Financial Group restated a “buy” rating and set a GBX 1,530 price objective on shares of Rolls-Royce Holdings plc in a report on Thursday, April 30th. Berenberg Bank lifted their target price on Rolls-Royce Holdings plc from GBX 1,250 to GBX 1,270 and gave the stock a “hold” rating in a research report on Monday, May 11th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Rolls-Royce Holdings plc from GBX 1,320 to GBX 1,500 and gave the company an “overweight” rating in a research note on Tuesday, April 7th. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,390.20.

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.