Rolls-Royce Holdings plc (LON:RR) Insider Purchases 241 Shares

Rolls-Royce Holdings plc (LON:RR) insider Birgit Behrendt purchased 241 shares of the company’s stock in a transaction on Monday, July 8th. The stock was acquired at an average price of GBX 455 ($5.83) per share, for a total transaction of £1,096.55 ($1,404.57).

Rolls-Royce Holdings plc Price Performance

RR stock opened at GBX 454.20 ($5.82) on Thursday. The firm has a market capitalization of £38.24 billion, a price-to-earnings ratio of 1,543.79, a P/E/G ratio of 0.52 and a beta of 1.77. The company’s 50-day moving average price is GBX 446.87 and its 200 day moving average price is GBX 388.13.

Wall Street Analysts Forecast Growth

Several analysts recently commented on RR shares. Jefferies Financial Group reissued a “buy” rating and set a GBX 580 ($7.43) target price on shares of Rolls-Royce Holdings plc in a research note on Monday, June 24th. Shore Capital restated a “buy” rating on shares of Rolls-Royce Holdings plc in a report on Thursday, May 23rd. One research analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Rolls-Royce Holdings plc currently has an average rating of “Moderate Buy” and an average target price of GBX 401.25 ($5.14).

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.