Rolls-Royce Holdings plc (LON:RR) Insider Acquires £9,905.70 in Stock

Rolls-Royce Holdings plc (LON:RR) Insider Acquires £9,905.70 in Stock

Rolls-Royce Holdings plc (LON:RR – Get Free Report) insider Angela Strank purchased 4,717 shares of Rolls-Royce Holdings plc stock in a transaction that occurred on Monday, August 7th. The stock was purchased at an average price of GBX 210 ($2.68) per share, with a total value of £9,905.70 ($12,659.04).

Angela Strank also recently made the following trade(s):

On Friday, May 19th, Angela Strank purchased 6,359 shares of Rolls-Royce Holdings plc stock. The stock was purchased at an average price of GBX 156 ($1.99) per share, with a total value of £9,920.04 ($12,677.37).

Rolls-Royce Holdings plc Stock Performance

Shares of LON:RR opened at GBX 209.50 ($2.68) on Tuesday. The firm’s 50 day moving average price is GBX 155.78. The company has a market cap of £17.64 billion, a price-to-earnings ratio of -1,496.43, a PEG ratio of 7.94 and a beta of 1.74.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on RR shares. Berenberg Bank reiterated a “hold” rating and issued a GBX 100 ($1.28) price objective on shares of Rolls-Royce Holdings plc in a research note on Thursday, June 22nd. Barclays raised their target price on shares of Rolls-Royce Holdings plc from GBX 145 ($1.85) to GBX 156 ($1.99) and gave the company an “equal weight” rating in a research note on Tuesday, June 13th. Finally, Shore Capital reissued a “buy” rating on shares of Rolls-Royce Holdings plc in a report on Friday, July 28th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of GBX 119.20 ($1.52).

About Rolls-Royce Holdings plc 

Rolls-Royce Holdings plc operates as an industrial technology company in the United Kingdom and internationally. The company operates in 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.

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