Rolls-Royce Group plc Stock Rating Reaffirmed by Liberum Capital (RYCEY)
Rolls-Royce Group plc (NASDAQ:RYCEY)‘s stock had its “buy” rating reiterated by analysts at Liberum Capital in a research report issued to clients and investors on Thursday, AR Network reports. They currently have a $1,340.00 price target on the stock.
Rolls-Royce Group plc (NASDAQ:RYCEY) traded down 1.82% on Thursday, hitting $89.95. The stock had a trading volume of 11,373 shares. Rolls-Royce Group plc has a one year low of $66.95 and a one year high of $95.64. The stock’s 50-day moving average is $89.01 and its 200-day moving average is $89.21. The company has a market cap of $33.515 billion and a price-to-earnings ratio of 29.94.
RYCEY has been the subject of a number of other recent research reports. Analysts at Bank of America Corp. reiterated a “buy” rating on shares of Rolls-Royce Group plc (NASDAQ:RYCEY) in a research note to investors on Tuesday. They now have a $1,370.00 price target on the stock. Separately, analysts at Jefferies Group raised their price target on shares of Rolls-Royce Group plc (NASDAQ:RYCEY) from $1,250.00 to $1,400.00 in a research note to investors on Tuesday, September 24th. They now have a “buy” rating on the stock. Finally, analysts at Charles Stanley reiterated an “accumulate” rating on shares of Rolls-Royce Group plc (NASDAQ:RYCEY) in a research note to investors on Thursday, September 19th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and ten have assigned a buy rating to the stock. Rolls-Royce Group plc currently has an average rating of “Hold” and a consensus price target of $1,199.64.
Rolls-Royce Holdings plc, formerly Rolls-Royce Group plc is a provider of power systems and services for use on land, at sea and in the air.
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