Rolls-Royce Holdings plc (LON:RR – Get Free Report) insider Angela Strank purchased 2,373 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were bought at an average price of GBX 1,255 per share, for a total transaction of £29,781.15.
Rolls-Royce Holdings plc Price Performance
Rolls-Royce Holdings plc stock traded up GBX 55.20 during mid-day trading on Monday, reaching GBX 1,308. 15,783,026 shares of the company traded hands. Rolls-Royce Holdings plc has a fifty-two week low of GBX 196.45 and a fifty-two week high of GBX 537.20. The company has a market capitalization of £112.18 billion, a price-to-earnings ratio of 47.68, a price-to-earnings-growth ratio of 0.55 and a beta of 1.22. The firm’s fifty day moving average is GBX 1,225.06 and its two-hundred day moving average is GBX 1,213.40.
Wall Street Analyst Weigh In
A number of research firms recently issued reports on RR. 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 report on Tuesday, April 7th. Jefferies Financial Group restated a “buy” rating and set a GBX 1,530 target price on shares of Rolls-Royce Holdings plc in a research report on Thursday, April 30th. Finally, Berenberg Bank boosted 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 report on Monday, May 11th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently 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.
Read More
- Five stocks we like better than Rolls-Royce Holdings plc
- 5 Stocks Built to Thrive in a Higher-for-Longer Economy
- RH’s Strong Q1 Still Leaves Investors With One Big Question
- Iran Ceasefire or Not, These 3 Companies Could Win
- Gold Is Testing Its 200-Day SMA—These 3 Mining Stocks Are the Play
Receive News & Ratings for Rolls-Royce Holdings plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rolls-Royce Holdings plc and related companies with MarketBeat.com's FREE daily email newsletter.
