Insider Buying: Rolls-Royce Holdings plc (LON:RR) Insider Acquires 209 Shares of Stock

Rolls-Royce Holdings plc (LON:RR) insider Wendy Mars purchased 209 shares of Rolls-Royce Holdings plc stock in a transaction dated Monday, June 9th. The stock was bought at an average price of GBX 875 ($11.86) per share, with a total value of £1,828.75 ($2,478.32).

Rolls-Royce Holdings plc Price Performance

Shares of RR stock traded up GBX 3.20 ($0.04) on Tuesday, hitting GBX 888.20 ($12.04). The firm has a fifty day moving average of GBX 772.74 and a two-hundred day moving average of GBX 685.42. Rolls-Royce Holdings plc has a 52 week low of GBX 196.45 ($2.66) and a 52 week high of GBX 537.20 ($7.28). The firm has a market cap of £76.18 billion, a P/E ratio of 32.38, a P/E/G ratio of 0.55 and a beta of 1.82.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on RR shares. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 900 ($12.20) price target on shares of Rolls-Royce Holdings plc in a report on Friday, March 28th. Shore Capital reissued a “hold” rating on shares of Rolls-Royce Holdings plc in a research report on Thursday, May 1st. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 692.50 ($9.38).

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.