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

Rolls-Royce Holdings plc (LON:RR) insider Tufan Erginbilgic sold 12,969 shares of Rolls-Royce Holdings plc stock in a transaction on Monday, January 27th. The stock was sold at an average price of GBX 588 ($7.29), for a total transaction of £76,257.72 ($94,507.03).

Rolls-Royce Holdings plc Stock Performance

LON RR opened at GBX 596 ($7.39) on Friday. Rolls-Royce Holdings plc has a one year low of GBX 196.45 ($2.43) and a one year high of GBX 537.20 ($6.66). The company has a 50-day simple moving average of GBX 577.24 and a 200-day simple moving average of GBX 532.49. The firm has a market capitalization of £50.66 billion, a PE ratio of 2,128.57, a price-to-earnings-growth ratio of 0.55 and a beta of 1.82.

Analyst Ratings Changes

Several research analysts have weighed in on RR shares. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 655 ($8.12) price objective on shares of Rolls-Royce Holdings plc in a report on Thursday, November 7th. Shore Capital reiterated a “buy” rating on shares of Rolls-Royce Holdings plc in a research note on Thursday, November 7th. One research analyst has rated the stock with a sell rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 553 ($6.85).

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.