Rolls-Royce Group plc Given Buy Rating at Cantor Fitzgerald (RYCEY)
Rolls-Royce Group plc (NASDAQ:RYCEY)‘s stock had its “buy” rating reaffirmed by equities researchers at Cantor Fitzgerald in a research report issued on Thursday, Stock Ratings News reports.
Rolls-Royce Group plc (NASDAQ:RYCEY) traded down 2.63% on Thursday, hitting $103.20. 67,579 shares of the company’s stock traded hands. Rolls-Royce Group plc has a 52-week low of $71.48 and a 52-week high of $106.34. The stock’s 50-day moving average is $101.3 and its 200-day moving average is $93.36. The company has a market cap of $38.452 billion and a price-to-earnings ratio of 34.64.
A number of other analysts have also recently weighed in on RYCEY. Analysts at Espirito Santo Investment Bank Research upgraded shares of Rolls-Royce Group plc to a “neutral” rating in a research note to investors on Monday, December 16th. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Rolls-Royce Group plc in a research note to investors on Tuesday, December 10th. Finally, analysts at Beaufort Securities reiterated a “hold” rating on shares of Rolls-Royce Group plc in a research note to investors on Tuesday, November 26th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and ten have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $1,207.08.
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.