Rolls-Royce Holdings plc (LON:RR) Insider Buys £29,781.15 in Stock

Rolls-Royce Holdings plc (LON:RR) insider Angela Strank bought 2,373 shares of the stock in a transaction on Thursday, June 11th. The stock was purchased at an average price of GBX 1,255 per share, with a total value of £29,781.15.

Rolls-Royce Holdings plc Stock Performance

RR traded up GBX 55.20 during trading on Monday, hitting GBX 1,308. The stock had a trading volume of 15,783,026 shares. The company has a market capitalization of £112.18 billion, a PE ratio of 47.68, a PEG ratio of 0.55 and a beta of 1.22. Rolls-Royce Holdings plc has a twelve month low of GBX 196.45 and a twelve month high of GBX 537.20. The stock has a 50 day simple moving average of GBX 1,225.06 and a two-hundred day simple moving average of GBX 1,213.40.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on RR. Berenberg Bank raised their target price on shares of Rolls-Royce Holdings plc from GBX 1,250 to GBX 1,270 and gave the company a “hold” rating in a research note on Monday, May 11th. Jefferies Financial Group restated a “buy” rating and issued a GBX 1,530 target price on shares of Rolls-Royce Holdings plc in a research note on Thursday, April 30th. Finally, JPMorgan Chase & Co. raised 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 research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average 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.