Rolls-Royce Holdings plc (LON:RR) Insider Buys £1,821.72 in Stock

Rolls-Royce Holdings plc (LON:RR) insider Wendy Mars purchased 188 shares of Rolls-Royce Holdings plc stock in a transaction that occurred on Thursday, August 7th. The shares were bought at an average price of GBX 969 ($13.16) per share, with a total value of £1,821.72 ($2,473.82).

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

• On Monday, June 9th, Wendy Mars bought 209 shares of Rolls-Royce Holdings plc stock. The stock was bought at an average price of GBX 875 ($11.88) per share, for a total transaction of £1,828.75 ($2,483.37).

Rolls-Royce Holdings plc Trading Up 0.8%

Rolls-Royce Holdings plc stock opened at GBX 1,090.50 ($14.81) on Thursday. The firm has a 50 day simple moving average of GBX 967.36 and a 200 day simple moving average of GBX 812.60. Rolls-Royce Holdings plc has a 1-year low of GBX 196.45 ($2.67) and a 1-year high of GBX 537.20 ($7.29). The firm has a market capitalization of £93.53 billion, a price-to-earnings ratio of 39.75, a P/E/G ratio of 0.55 and a beta of 1.82.

Rolls-Royce Holdings plc (LON:RR) last posted its quarterly earnings results on Thursday, July 31st. The company reported GBX 15.74 ($0.21) EPS for the quarter. Rolls-Royce Holdings plc had a negative return on equity of 78.08% and a net margin of 13.08%. On average, equities research analysts forecast that Rolls-Royce Holdings plc will post 8.5952 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on RR. Deutsche Bank Aktiengesellschaft raised their price target on shares of Rolls-Royce Holdings plc from GBX 1,000 ($13.58) to GBX 1,220 ($16.57) and gave the stock a “buy” rating in a research note on Thursday, August 7th. Citigroup raised their target price on Rolls-Royce Holdings plc from GBX 641 ($8.70) to GBX 1,101 ($14.95) and gave the stock a “neutral” rating in a research report on Monday. JPMorgan Chase & Co. boosted their target price on Rolls-Royce Holdings plc from GBX 1,040 ($14.12) to GBX 1,245 ($16.91) and gave the company an “overweight” rating in a research note on Monday. Finally, Shore Capital reiterated a “hold” rating on shares of Rolls-Royce Holdings plc in a research note on Thursday, July 31st. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 976.20 ($13.26).

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.