Rolls-Royce Holdings plc (LON:RR) Insider Birgit Behrendt Purchases 241 Shares of Stock

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

Rolls-Royce Holdings plc Stock Down 2.9 %

RR stock opened at GBX 447.70 ($5.73) on Wednesday. The business has a fifty day simple moving average of GBX 446.18 and a two-hundred day simple moving average of GBX 387.71. The stock has a market capitalization of £37.70 billion, a PE ratio of 1,590.69, a P/E/G ratio of 0.52 and a beta of 1.77.

Wall Street Analysts Forecast Growth

RR has been the subject of a number of recent research reports. Jefferies Financial Group reiterated a “buy” rating and set a GBX 580 ($7.43) price objective on shares of Rolls-Royce Holdings plc in a research note on Monday, June 24th. Shore Capital reiterated a “buy” rating on shares of Rolls-Royce Holdings plc in a research note on Thursday, May 23rd. One research analyst has rated the stock with a sell rating and four have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.