Rolls-Royce Holdings plc (LON:RR) Insider Purchases £1,827.09 in Stock

Rolls-Royce Holdings plc (LON:RR) insider Wendy Mars acquired 303 shares of the business’s stock in a transaction dated Friday, February 7th. The stock was bought at an average cost of GBX 603 ($7.51) per share, with a total value of £1,827.09 ($2,274.20).

Rolls-Royce Holdings plc Price Performance

Shares of Rolls-Royce Holdings plc stock opened at GBX 620.80 ($7.73) on Thursday. The business has a fifty day simple moving average of GBX 585.26 and a two-hundred day simple moving average of GBX 541.98. Rolls-Royce Holdings plc has a 1 year low of GBX 196.45 ($2.45) and a 1 year high of GBX 537.20 ($6.69). The company has a market capitalization of £52.77 billion, a price-to-earnings ratio of 2,217.14, a P/E/G ratio of 0.55 and a beta of 1.82.

Wall Street Analysts Forecast Growth

RR has been the subject of several recent analyst reports. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 655 ($8.15) price objective on shares of Rolls-Royce Holdings plc in a report on Thursday, November 7th. Shore Capital reissued a “buy” rating on shares of Rolls-Royce Holdings plc in a report on Thursday, November 7th. One investment analyst has rated the stock with a sell rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 553 ($6.88).

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.