Tufan Erginbilgic Sells 6,811 Shares of Rolls-Royce Holdings plc (LON:RR) Stock

Rolls-Royce Holdings plc (LON:RR) insider Tufan Erginbilgic sold 6,811 shares of the stock in a transaction on Monday, September 29th. The stock was sold at an average price of GBX 1,190, for a total value of £81,050.90.

Tufan Erginbilgic also recently made the following trade(s):

• On Tuesday, August 26th, Tufan Erginbilgic sold 7,694 shares of Rolls-Royce Holdings plc stock. The shares were sold at an average price of GBX 1,047, for a total value of £80,556.18.
• On Monday, July 28th, Tufan Erginbilgic sold 7,763 shares of Rolls-Royce Holdings plc stock. The stock was sold at an average price of GBX 985, for a total value of £76,465.55.

Rolls-Royce Holdings plc Price Performance

Rolls-Royce Holdings plc stock opened at GBX 1,177 on Friday. The company has a market cap of £100.94 billion, a price-to-earnings ratio of 42.91, a price-to-earnings-growth ratio of 0.55 and a beta of 1.82. Rolls-Royce Holdings plc has a 12 month low of GBX 196.45 and a 12 month high of GBX 537.20. The stock’s 50-day moving average is GBX 1,088.21 and its 200-day moving average is GBX 921.65.

Rolls-Royce Holdings plc (LON:RR) last issued its earnings results on Thursday, July 31st. The company reported GBX 15.74 earnings per share (EPS) for the quarter. Rolls-Royce Holdings plc had a negative return on equity of 78.08% and a net margin of 13.08%. Research analysts anticipate that Rolls-Royce Holdings plc will post 8.5952 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on RR shares. Citigroup raised their target price on shares of Rolls-Royce Holdings plc from GBX 641 to GBX 1,101 and gave the company a “neutral” rating in a research note on Friday, August 29th. Deutsche Bank Aktiengesellschaft increased their price target on Rolls-Royce Holdings plc from GBX 1,000 to GBX 1,220 and gave the company a “buy” rating in a report on Thursday, August 7th. Shore Capital restated a “hold” rating on shares of Rolls-Royce Holdings plc in a research note on Thursday, July 31st. Morgan Stanley reiterated an “overweight” rating on shares of Rolls-Royce Holdings plc in a research note on Friday, September 5th. Finally, JPMorgan Chase & Co. raised their target price on Rolls-Royce Holdings plc from GBX 1,040 to GBX 1,245 and gave the company an “overweight” rating in a report on Monday, August 11th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,188.67.

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.