Rolls-Royce Holdings plc (LON:RR) Insider Purchases £1,832.70 in Stock

Rolls-Royce Holdings plc (LON:RR) insider Wendy Mars acquired 123 shares of the business’s stock in a transaction dated Monday, September 7th. The stock was purchased at an average price of GBX 1,490 per share, with a total value of £1,832.70.

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

• On Friday, August 7th, Wendy Mars acquired 119 shares of Rolls-Royce Holdings plc stock. The shares were purchased at an average price of GBX 1,537 per share, for a total transaction of £1,829.03.
• On Tuesday, July 7th, Wendy Mars acquired 123 shares of Rolls-Royce Holdings plc stock. The shares were purchased at an average cost of GBX 1,483 per share, for a total transaction of £1,824.09.

Rolls-Royce Holdings plc Trading Down 1.1%

Shares of LON RR opened at GBX 1,430 on Friday. Rolls-Royce Holdings plc has a 1-year low of GBX 196.45 and a 1-year high of GBX 537.20. The stock has a market cap of £122.64 billion, a price-to-earnings ratio of 52.13, a P/E/G ratio of 0.55 and a beta of 1.20. The stock’s 50-day moving average is GBX 1,473.12 and its 200 day moving average is GBX 1,335.06.

Rolls-Royce Holdings plc (LON:RR) last posted its quarterly earnings results on Thursday, July 30th. The company reported GBX 22.17 EPS for the quarter. Rolls-Royce Holdings plc had a return on equity of 108.91% and a net margin of 13.11%. On average, analysts forecast that Rolls-Royce Holdings plc will post 8.5952 EPS for the current fiscal year.

Analysts Set New Price Targets

RR has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 1,325 target price on shares of Rolls-Royce Holdings plc in a research note on Friday, July 31st. Citigroup increased their price objective on shares of Rolls-Royce Holdings plc from GBX 1,101 to GBX 1,647 and gave the company a “neutral” rating in a report on Monday, August 17th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 1,870 price objective on shares of Rolls-Royce Holdings plc in a report on Friday, July 31st. Berenberg Bank lifted their price objective on shares of Rolls-Royce Holdings plc from GBX 1,430 to GBX 1,900 and gave the company a “buy” rating in a research report on Tuesday, August 18th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 1,600 target price on shares of Rolls-Royce Holdings plc in a report on Friday, July 31st. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,690.33.

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.