Wendy Mars Acquires 170 Shares of Rolls-Royce Holdings plc (LON:RR) Stock

Key Points

• Insider Activity: Insider Wendy Mars purchased 170 shares of Rolls-Royce Holdings plc at an average price of GBX 1,074 on September 9th, following a prior acquisition of 188 shares at GBX 969 on August 7th.
• Stock Performance: Rolls-Royce shares are currently trading at GBX 1,087, showing a 0.5% decrease, with a market capitalization of £93.23 billion and a P/E ratio of 39.62.
• Analyst Ratings: Citigroup and JPMorgan have recently raised their target prices for the stock, with consensus ratings currently leaning toward a "Moderate Buy" with an average target of GBX 1,188.67.

Rolls-Royce Holdings plc (LON:RR - Get Free Report) insider Wendy Mars bought 170 shares of the company's stock in a transaction on Tuesday, September 9th. The stock was bought at an average cost of GBX 1,074 per share, for a total transaction of £1,825.80.

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

• On Thursday, August 7th, Wendy Mars bought 188 shares of Rolls-Royce Holdings plc stock. The stock was bought at an average cost of GBX 969 per share, for a total transaction of £1,821.72.

Rolls-Royce Holdings plc Stock Up 0.6%

LON RR traded up GBX 6.50 during trading hours on Monday, hitting GBX 1,130. The company had a trading volume of 28,261,200 shares. Rolls-Royce Holdings plc has a fifty-two week low of GBX 196.45 and a fifty-two week high of GBX 537.20. The business has a fifty day simple moving average of GBX 1,040.89 and a 200-day simple moving average of GBX 886.34. The firm has a market cap of £96.91 billion, a P/E ratio of 41.19, a price-to-earnings-growth ratio of 0.55 and a beta of 1.82.

Rolls-Royce Holdings plc (LON:RR - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported GBX 15.74 earnings per share for the quarter. Rolls-Royce Holdings plc had a negative return on equity of 78.08% and a net margin of 13.08%. Equities analysts forecast that Rolls-Royce Holdings plc will post 8.5952 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on RR shares. Morgan Stanley reissued an "overweight" rating on shares of Rolls-Royce Holdings plc in a report on Friday, September 5th. Deutsche Bank Aktiengesellschaft raised their price target on Rolls-Royce Holdings plc from GBX 1,000 to GBX 1,220 and gave the company a "buy" rating in a report on Thursday, August 7th. Shore Capital reissued a "hold" rating on shares of Rolls-Royce Holdings plc in a report on Thursday, July 31st. Citigroup raised their price target on Rolls-Royce Holdings plc from GBX 641 to GBX 1,101 and gave the company a "neutral" rating in a report on Friday, August 29th. Finally, JPMorgan Chase & Co. raised their price target on Rolls-Royce Holdings plc from GBX 1,040 to GBX 1,245 and gave the company an "overweight" rating in a report on Monday, August 11th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of GBX 1,188.67.

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.