Rolls-Royce Holdings plc (LON:RR) Insider Purchases £49,976.96 in Stock

Rolls-Royce Holdings plc (LON:RR) insider Wendy Mars purchased 10,076 shares of the company’s stock in a transaction on Wednesday, August 28th. The stock was purchased at an average price of GBX 496 ($6.54) per share, for a total transaction of £49,976.96 ($65,906.58).

Rolls-Royce Holdings plc Stock Down 0.9 %

RR traded down GBX 4.70 ($0.06) during trading on Wednesday, reaching GBX 494.20 ($6.52). The stock had a trading volume of 9,108,537 shares. The stock has a 50 day moving average of GBX 465.98 and a two-hundred day moving average of GBX 427.96. Rolls-Royce Holdings plc has a 1-year low of GBX 196.45 ($2.59) and a 1-year high of GBX 505 ($6.66). The firm has a market capitalization of £42.01 billion, a price-to-earnings ratio of 1,765.00, a price-to-earnings-growth ratio of 0.58 and a beta of 1.82.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. JPMorgan Chase & Co. raised their target price on Rolls-Royce Holdings plc from GBX 475 ($6.26) to GBX 535 ($7.06) and gave the company an “overweight” rating in a research report on Tuesday, August 6th. Shore Capital reissued a “buy” rating on shares of Rolls-Royce Holdings plc in a report on Thursday, May 23rd. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 580 ($7.65) price objective on shares of Rolls-Royce Holdings plc in a report on Monday, June 24th. One research analyst has rated the stock with a sell rating and four have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 416.25 ($5.49).

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.