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

Rolls-Royce Holdings plc (LON:RR) insider Tufan Erginbilgic sold 12,969 shares of the company’s stock in a transaction on Monday, January 27th. The shares were sold at an average price of GBX 588 ($7.32), for a total transaction of £76,257.72 ($94,883.31).

Rolls-Royce Holdings plc Stock Down 1.2 %

Shares of LON RR opened at GBX 582.80 ($7.25) on Wednesday. The firm has a market cap of £49.54 billion, a PE ratio of 2,081.43, 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 ($6.68). The company’s fifty day simple moving average is GBX 573.88 and its 200 day simple moving average is GBX 530.74.

Analyst Ratings Changes

RR has been the topic of a number of analyst reports. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 655 ($8.15) price objective on shares of Rolls-Royce Holdings plc in a research note on Thursday, November 7th. Shore Capital reaffirmed 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 company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 553 ($6.88).

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.