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

Rolls-Royce Holdings plc (LON:RR) insider Wendy Mars bought 123 shares of the company’s stock in a transaction dated Tuesday, July 7th. The stock was bought at an average cost 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 purchased 151 shares of Rolls-Royce Holdings plc stock. The shares were bought at an average cost of GBX 1,213 per share, with a total value of £1,831.63.
• On Thursday, May 7th, Wendy Mars acquired 143 shares of Rolls-Royce Holdings plc stock. The stock was purchased at an average price of GBX 1,281 per share, for a total transaction of £1,831.83.

Rolls-Royce Holdings plc Stock Performance

RR traded down GBX 56.20 during trading on Wednesday, hitting GBX 1,447.80. The stock had a trading volume of 13,205,941 shares. The firm has a market capitalization of £124.17 billion, a P/E ratio of 52.78, a PEG ratio of 0.55 and a beta of 1.20. The company’s 50-day moving average price is GBX 1,289.48 and its 200 day moving average price is GBX 1,254.38. Rolls-Royce Holdings plc has a twelve month low of GBX 196.45 and a twelve month high of GBX 537.20.

Wall Street Analyst Weigh In

A number of brokerages recently commented on RR. Jefferies Financial Group restated a “buy” rating and issued a GBX 1,530 price objective on shares of Rolls-Royce Holdings plc in a research report on Thursday, April 30th. JPMorgan Chase & Co. increased their target price on 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 lifted their price target on Rolls-Royce Holdings plc from GBX 1,270 to GBX 1,430 and gave the company a “buy” rating in a research note on Friday, June 12th. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Rolls-Royce Holdings plc has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,447.20.

Rolls-Royce Holdings plc Company Profile

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.