Birgit Behrendt Acquires 89 Shares of Rolls-Royce Holdings plc (LON:RR) Stock

Rolls-Royce Holdings plc (LON:RR) insider Birgit Behrendt bought 89 shares of Rolls-Royce Holdings plc stock in a transaction that occurred on Monday, February 9th. The shares were acquired at an average price of GBX 1,242 per share, for a total transaction of £1,105.38.

Birgit Behrendt also recently made the following trade(s):

• On Wednesday, January 7th, Birgit Behrendt purchased 88 shares of Rolls-Royce Holdings plc stock. The stock was acquired at an average price of GBX 1,255 per share, with a total value of £1,104.40.
• On Monday, December 8th, Birgit Behrendt acquired 100 shares of Rolls-Royce Holdings plc stock. The shares were bought at an average cost of GBX 1,096 per share, with a total value of £1,096.

Rolls-Royce Holdings plc Stock Performance

RR opened at GBX 1,248 on Friday. The company’s 50 day simple moving average is GBX 1,197.66 and its 200 day simple moving average is GBX 1,135.75. Rolls-Royce Holdings plc has a 1 year low of GBX 196.45 and a 1 year high of GBX 537.20. The stock has a market capitalization of £107.03 billion, a PE ratio of 45.49, a P/E/G ratio of 0.55 and a beta of 1.82.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on RR shares. Berenberg Bank raised Rolls-Royce Holdings plc to a “hold” rating and lifted their price objective for the company from GBX 240 to GBX 1,080 in a research note on Monday, October 20th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Rolls-Royce Holdings plc from GBX 1,290 to GBX 1,550 and gave the company a “buy” rating in a report on Monday, February 2nd. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Rolls-Royce Holdings plc currently has an average rating of “Moderate Buy” and an average price target of GBX 1,244.

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.