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 Rolls-Royce Holdings plc stock in a transaction dated Monday, January 27th. The stock was 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 Price Performance

RR opened at GBX 582.80 ($7.25) on Wednesday. Rolls-Royce Holdings plc has a fifty-two week low of GBX 196.45 ($2.44) and a fifty-two week high of GBX 537.20 ($6.68). The firm has a market capitalization of £49.54 billion, a price-to-earnings ratio of 2,081.43, a PEG ratio of 0.55 and a beta of 1.82. The company’s 50 day moving average price is GBX 573.88 and its two-hundred day moving average price is GBX 530.74.

Wall Street Analyst Weigh In

RR has been the subject of several research analyst reports. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 655 ($8.15) target price on shares of Rolls-Royce Holdings plc in a report on Thursday, November 7th. Shore Capital reaffirmed a “buy” rating on shares of Rolls-Royce Holdings plc in a report on Thursday, November 7th. One analyst has rated the stock with a sell rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 553 ($6.88).

About Rolls-Royce Holdings plc

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.