Insider Buying: Rolls-Royce Holdings plc (LON:RR) Insider Buys 151 Shares of Stock

Rolls-Royce Holdings plc (LON:RR) insider Wendy Mars bought 151 shares of the stock in a transaction that occurred on Monday, June 8th. The stock was bought at an average cost of GBX 1,213 per share, for a total transaction of £1,831.63.

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

• On Thursday, May 7th, Wendy Mars acquired 143 shares of Rolls-Royce Holdings plc stock. The shares were bought at an average cost of GBX 1,281 per share, with a total value of £1,831.83.

Rolls-Royce Holdings plc Stock Performance

RR traded down GBX 1 during trading on Tuesday, reaching GBX 1,259. The stock had a trading volume of 11,166,768 shares. The business has a 50-day moving average of GBX 1,215.59 and a 200-day moving average of GBX 1,208.38. Rolls-Royce Holdings plc has a one year low of GBX 196.45 and a one year high of GBX 537.20. The stock has a market cap of £107.98 billion, a PE ratio of 45.89, a PEG ratio of 0.55 and a beta of 1.22.

Analysts Set New Price Targets

RR has been the topic of a number of recent research reports. Berenberg Bank increased their price target on shares of Rolls-Royce Holdings plc from GBX 1,250 to GBX 1,270 and gave the company a “hold” rating in a research report on Monday, May 11th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,530 price target on shares of Rolls-Royce Holdings plc in a report on Thursday, April 30th. Finally, JPMorgan Chase & Co. increased their price objective on Rolls-Royce Holdings plc from GBX 1,320 to GBX 1,500 and gave the stock an “overweight” rating in a report on Tuesday, April 7th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 1,390.20.

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.