Rolls-Royce Holdings plc (LON:RR) Insider Tufan Erginbilgic Sells 12,969 Shares

Rolls-Royce Holdings plc (LON:RR - Get Free Report) insider Tufan Erginbilgic sold 12,969 shares of Rolls-Royce Holdings plc stock in a transaction dated Monday, January 27th. The stock was sold at an average price of GBX 588 ($7.30), for a total value of £76,257.72 ($94,706.56).

Rolls-Royce Holdings plc Price Performance

Shares of RR traded up GBX 1.40 ($0.02) on Thursday, reaching GBX 584.20 ($7.26). 6,760,878 shares of the stock traded hands. The firm has a market cap of £49.66 billion, a price-to-earnings ratio of 2,086.43, a P/E/G ratio of 0.55 and a beta of 1.82. Rolls-Royce Holdings plc has a 12 month low of GBX 196.45 ($2.44) and a 12 month high of GBX 537.20 ($6.67). The stock's 50-day moving average price is GBX 576.14 and its 200-day moving average price is GBX 531.47.

Analysts Set New Price Targets

A number of brokerages have commented on RR. JPMorgan Chase & Co. restated an "overweight" rating and set a GBX 655 ($8.13) price objective on shares of Rolls-Royce Holdings plc in a research report on Thursday, November 7th. Shore Capital restated a "buy" rating on shares of Rolls-Royce Holdings plc in a research report on Thursday, November 7th. One analyst has rated the stock with a sell rating and five have issued a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of GBX 553 ($6.87).

Rolls-Royce Holdings plc Company Profile

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.