Insider Buying: Rolls-Royce Holdings plc (LON:RR) Insider Acquires £1,828.98 in Stock

Rolls-Royce Holdings plc (LON:RR) insider Wendy Mars purchased 162 shares of the business’s stock in a transaction that occurred on Friday, November 7th. The stock was bought at an average price of GBX 1,129 per share, for a total transaction of £1,828.98.

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

• On Tuesday, September 9th, Wendy Mars purchased 170 shares of Rolls-Royce Holdings plc stock. The stock was bought at an average cost of GBX 1,074 per share, with a total value of £1,825.80.

Rolls-Royce Holdings plc Price Performance

RR stock traded up GBX 7 during trading on Monday, hitting GBX 1,138.50. 10,090,760 shares of the stock traded hands. Rolls-Royce Holdings plc has a 1 year low of GBX 196.45 and a 1 year high of GBX 537.20. The firm’s 50 day moving average is GBX 1,133.86 and its two-hundred day moving average is GBX 999.31. The stock has a market cap of £97.64 billion, a price-to-earnings ratio of 41.50, a price-to-earnings-growth ratio of 0.55 and a beta of 1.82.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on RR shares. JPMorgan Chase & Co. upped their price objective on Rolls-Royce Holdings plc from GBX 1,040 to GBX 1,245 and gave the company an “overweight” rating in a research report on Monday, August 11th. Citigroup upped their target price on shares of Rolls-Royce Holdings plc from GBX 641 to GBX 1,101 and gave the stock a “neutral” rating in a report on Friday, August 29th. Deutsche Bank Aktiengesellschaft upped their price target on Rolls-Royce Holdings plc from GBX 1,000 to GBX 1,220 and gave the stock a “buy” rating in a research note on Thursday, August 7th. Shore Capital reissued a “hold” rating on shares of Rolls-Royce Holdings plc in a research note on Thursday, July 31st. Finally, Berenberg Bank raised Rolls-Royce Holdings plc to a “hold” rating and upped their price objective for the stock from GBX 240 to GBX 1,080 in a report on Monday, October 20th. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 1,161.50.

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.