Rolls-Royce Holding PLC (LON:RR) insider Frank Chapman bought 509 shares of the stock in a transaction on Friday, October 7th. The stock was purchased at an average cost of GBX 778 ($10.16) per share, for a total transaction of £3,960.02 ($5,169.06).
Shares of Rolls-Royce Holding PLC (LON:RR) traded up 2.17% during midday trading on Friday, reaching GBX 776.50. The company’s stock had a trading volume of 3,822,080 shares. The stock’s market capitalization is GBX 14.23 billion. The stock’s 50-day moving average is GBX 751.73 and its 200 day moving average is GBX 699.88. Rolls-Royce Holding PLC has a 12 month low of GBX 497.00 and a 12 month high of GBX 875.50.
Several analysts have weighed in on the company. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 835 ($10.90) target price on shares of Rolls-Royce Holding PLC in a report on Wednesday, September 14th. Berenberg Bank upped their target price on Rolls-Royce Holding PLC from GBX 555 ($7.24) to GBX 710 ($9.27) and gave the company a “hold” rating in a report on Monday, August 8th. Credit Suisse Group AG reduced their price objective on Rolls-Royce Holding PLC from GBX 610 ($7.96) to GBX 595 ($7.77) and set an “underperform” rating on the stock in a research report on Monday, September 12th. Liberum Capital restated a “hold” rating on shares of Rolls-Royce Holding PLC in a research report on Thursday, September 22nd. Finally, Barclays PLC restated an “underweight” rating and issued a GBX 480 ($6.27) price objective on shares of Rolls-Royce Holding PLC in a research report on Tuesday, September 6th. Eight research analysts have rated the stock with a sell rating, twelve have given a hold rating and one has given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of GBX 604.42 ($7.89).
Rolls-Royce Holding PLC Company Profile
Rolls-Royce Holdings plc is a provider of an integrated power and propulsion solutions. The Company operates through two divisions: Aerospace, which includes civil and defense businesses, and Land & Sea, which includes power systems, marine and nuclear businesses. Its civil aerospace business is engaged in the development, manufacture, marketing and sales of commercial aero engines and aftermarket services.
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