Rolls-Royce Holdings plc (LON:RR) Insider Wendy Mars Buys 147 Shares of Stock

Rolls-Royce Holdings plc (LON:RR) insider Wendy Mars purchased 147 shares of the stock in a transaction dated Monday, February 9th. The stock was acquired at an average cost of GBX 1,242 per share, with a total value of £1,825.74.

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

• On Wednesday, January 7th, Wendy Mars bought 146 shares of Rolls-Royce Holdings plc stock. The stock was purchased at an average price of GBX 1,255 per share, with a total value of £1,832.30.
• On Monday, December 8th, Wendy Mars purchased 167 shares of Rolls-Royce Holdings plc stock. The stock was acquired at an average cost of GBX 1,096 per share, with a total value of £1,830.32.

Rolls-Royce Holdings plc Price Performance

Shares of RR opened at GBX 1,243.50 on Thursday. The company’s fifty day moving average price is GBX 1,193.96 and its 200-day moving average price is GBX 1,134.97. The firm has a market capitalization of £106.65 billion, a PE ratio of 45.33, a price-to-earnings-growth ratio of 0.55 and a beta of 1.82. Rolls-Royce Holdings plc has a 1-year low of GBX 196.45 and a 1-year high of GBX 537.20.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on RR. Berenberg Bank upgraded Rolls-Royce Holdings plc to a “hold” rating and lifted their price target for the company from GBX 240 to GBX 1,080 in a research report on Monday, October 20th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Rolls-Royce Holdings plc from GBX 1,290 to GBX 1,550 and gave the company a “buy” rating in a research report on Monday, February 2nd. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,244.

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.