Rolls-Royce Holdings plc (LON:RR) Insider Buys £1,829.03 in Stock

Rolls-Royce Holdings plc (LON:RR) insider Wendy Mars acquired 119 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The stock was acquired at an average cost of GBX 1,537 per share, for a total transaction of £1,829.03.

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

• On Tuesday, July 7th, Wendy Mars bought 123 shares of Rolls-Royce Holdings plc stock. The shares were acquired at an average cost of GBX 1,483 per share, with a total value of £1,824.09.
• On Monday, June 8th, Wendy Mars bought 151 shares of Rolls-Royce Holdings plc stock. The shares were acquired at an average cost of GBX 1,213 per share, with a total value of £1,831.63.

Rolls-Royce Holdings plc Trading Down 0.5%

RR opened at GBX 1,533 on Thursday. The firm’s 50 day simple moving average is GBX 1,406.86 and its two-hundred day simple moving average is GBX 1,296.37. The company has a market capitalization of £131.48 billion, a PE ratio of 55.88, a PEG ratio of 0.55 and a beta of 1.20. Rolls-Royce Holdings plc has a 1-year low of GBX 196.45 and a 1-year high of GBX 537.20.

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

Analysts Set New Price Targets

A number of analysts have commented on the company. JPMorgan Chase & Co. upped their price target on Rolls-Royce Holdings plc from GBX 1,625 to GBX 1,800 and gave the stock an “overweight” rating in a research report on Tuesday, August 4th. Berenberg Bank increased their price target on Rolls-Royce Holdings plc from GBX 1,270 to GBX 1,430 and gave the stock a “buy” rating in a research note on Friday, June 12th. Jefferies Financial Group reissued a “buy” rating and set a GBX 1,870 price target on shares of Rolls-Royce Holdings plc in a report on Friday, July 31st. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 1,600 price objective on shares of Rolls-Royce Holdings plc in a research note on Friday, July 31st. Finally, 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. Six equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,521.

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.