Insider Buying: Rolls-Royce Holdings plc (LON:RR) Insider Acquires 2,837 Shares of Stock

Rolls-Royce Holdings plc (LON:RR) insider Angela Strank purchased 2,837 shares of the firm’s stock in a transaction that occurred on Friday, June 13th. The shares were acquired at an average cost of GBX 874 ($11.84) per share, with a total value of £24,795.38 ($33,593.52).

Rolls-Royce Holdings plc Stock Performance

LON RR opened at GBX 870 ($11.79) on Monday. Rolls-Royce Holdings plc has a one year low of GBX 196.45 ($2.66) and a one year high of GBX 537.20 ($7.28). The company has a market capitalization of £74.61 billion, a price-to-earnings ratio of 31.71, a price-to-earnings-growth ratio of 0.55 and a beta of 1.82. The company’s 50-day simple moving average is GBX 787.78 and its two-hundred day simple moving average is GBX 695.06.

Analysts Set New Price Targets

A number of research firms have recently commented on RR. Shore Capital restated a “hold” rating on shares of Rolls-Royce Holdings plc in a report on Thursday, May 1st. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 900 ($12.19) target price on shares of Rolls-Royce Holdings plc in a research report on Friday, March 28th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Rolls-Royce Holdings plc currently has an average rating of “Moderate Buy” and a consensus price target of GBX 692.50 ($9.38).

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.