Rolls-Royce Holding PLC (LON:RR) insider Ruth Cairnie purchased 205 shares of the stock in a transaction that occurred on Monday, October 8th. The stock was purchased at an average cost of GBX 947 ($12.37) per share, with a total value of £1,941.35 ($2,536.72).
Shares of Rolls-Royce stock opened at GBX 929.80 ($12.15) on Wednesday. Rolls-Royce Holding PLC has a 12-month low of GBX 733.50 ($9.58) and a 12-month high of GBX 994.50 ($12.99).
The business also recently announced a dividend, which will be paid on Thursday, January 3rd. Shareholders of record on Thursday, October 25th will be given a dividend of GBX 4.60 ($0.06) per share. The ex-dividend date is Thursday, October 25th. This represents a yield of 0.45%.
Several brokerages recently commented on RR. Deutsche Bank boosted their price target on Rolls-Royce from GBX 868 ($11.34) to GBX 880 ($11.50) and gave the company a “hold” rating in a research note on Friday, June 22nd. Credit Suisse Group raised Rolls-Royce to a “neutral” rating and boosted their price target for the company from GBX 780 ($10.19) to GBX 930 ($12.15) in a research note on Monday, June 18th. Citigroup reissued a “buy” rating on shares of Rolls-Royce in a research note on Thursday, June 21st. JPMorgan Chase & Co. boosted their price target on Rolls-Royce from GBX 800 ($10.45) to GBX 965 ($12.61) and gave the company a “neutral” rating in a research note on Monday, June 18th. Finally, Kepler Capital Markets raised Rolls-Royce to a “hold” rating and boosted their price target for the company from GBX 815 ($10.65) to GBX 975 ($12.74) in a research note on Monday, June 25th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. Rolls-Royce has an average rating of “Hold” and a consensus target price of GBX 971.27 ($12.69).
Rolls-Royce Holdings plc, an engineering company, develops, manufactures, markets, and sells power and propulsion systems in the United Kingdom and internationally. The company's Civil Aerospace segment provides aero engines for large commercial aircraft, regional jet, and business aviation markets, as well as aftermarket services.
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