Wendy Mars Acquires 146 Shares of Rolls-Royce Holdings plc (LON:RR) Stock

Rolls-Royce Holdings plc (LON:RR) insider Wendy Mars acquired 146 shares of the stock in a transaction on Wednesday, January 7th. The shares were purchased at an average price of GBX 1,255 per share, for a total transaction of £1,832.30.

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

• On Monday, December 8th, Wendy Mars bought 167 shares of Rolls-Royce Holdings plc stock. The stock was acquired at an average price of GBX 1,096 per share, with a total value of £1,830.32.
• On Friday, November 7th, Wendy Mars purchased 162 shares of Rolls-Royce Holdings plc stock. The shares were acquired at an average price of GBX 1,129 per share, for a total transaction of £1,828.98.

Rolls-Royce Holdings plc Trading Up 1.1%

LON:RR opened at GBX 1,272.50 on Friday. The business’s fifty day moving average price is GBX 1,124.74 and its 200 day moving average price is GBX 1,088.50. The firm has a market capitalization of £109.13 billion, a price-to-earnings ratio of 46.39, a PEG ratio of 0.55 and a beta of 1.82. Rolls-Royce Holdings plc has a 1-year low of GBX 196.45 and a 1-year high of GBX 537.20.

Analysts Set New Price Targets

Separately, Berenberg Bank upgraded Rolls-Royce Holdings plc to a “hold” rating and boosted their target price for the company from GBX 240 to GBX 1,080 in a research note on Monday, October 20th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Rolls-Royce Holdings plc currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,161.50.

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. 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.