Rolls-Royce Holdings plc (LON:RR) Insider Wendy Mars Buys 123 Shares of Stock

Rolls-Royce Holdings plc (LON:RR) insider Wendy Mars bought 123 shares of the firm’s stock in a transaction on Tuesday, July 7th. The stock was purchased at an average price of GBX 1,483 per share, for a total transaction of £1,824.09.

Wendy Mars also recently made the following trade(s):

• On Monday, June 8th, Wendy Mars acquired 151 shares of Rolls-Royce Holdings plc stock. The stock was acquired at an average price of GBX 1,213 per share, for a total transaction of £1,831.63.
• On Thursday, May 7th, Wendy Mars bought 143 shares of Rolls-Royce Holdings plc stock. The shares were acquired at an average cost of GBX 1,281 per share, with a total value of £1,831.83.

Rolls-Royce Holdings plc Stock Performance

Shares of LON RR traded down GBX 56.20 during mid-day trading on Wednesday, reaching GBX 1,447.80. 13,205,941 shares of the company’s stock were exchanged. The firm has a market capitalization of £124.17 billion, a price-to-earnings ratio of 52.78, a PEG ratio of 0.55 and a beta of 1.20. Rolls-Royce Holdings plc has a 52-week low of GBX 196.45 and a 52-week high of GBX 537.20. The company’s 50-day moving average is GBX 1,289.48 and its 200-day moving average is GBX 1,254.38.

Analyst Ratings Changes

Several equities research analysts recently issued reports on RR shares. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,530 price objective on shares of Rolls-Royce Holdings plc in a report on Thursday, April 30th. JPMorgan Chase & Co. upped their target price on shares of Rolls-Royce Holdings plc from GBX 1,500 to GBX 1,625 and gave the stock an “overweight” rating in a research note on Monday, June 29th. Finally, Berenberg Bank boosted their price target on shares of Rolls-Royce Holdings plc from GBX 1,270 to GBX 1,430 and gave the stock a “buy” rating in a research note on Friday, June 12th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Rolls-Royce Holdings plc presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,447.20.

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. The Defence segment is involved in the development, manufacture, marketing, and sale of military aero engines, naval engines, and submarine nuclear power plants, as well as offers aftermarket services.