Rolls-Royce Group plc Given “Sell” Rating at Deutsche Bank (RYCEY)
Rolls-Royce Group plc (NASDAQ:RYCEY)‘s stock had its “sell” rating reiterated by investment analysts at Deutsche Bank in a note issued to investors on Tuesday, Stock Ratings Network.com reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at Investec downgraded shares of Rolls-Royce Group plc to an “add” rating in a research note to investors on Monday, January 13th. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Rolls-Royce Group plc in a research note to investors on Friday, January 10th. Finally, analysts at Cantor Fitzgerald reiterated a “buy” rating on shares of Rolls-Royce Group plc in a research note to investors on Thursday, January 9th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the stock. Rolls-Royce Group plc currently has an average rating of “Hold” and an average target price of $1,191.67.
Rolls-Royce Group plc (NASDAQ:RYCEY) traded up 0.55% during mid-day trading on Tuesday, hitting $103.31. The stock had a trading volume of 10,996 shares. Rolls-Royce Group plc has a 52-week low of $73.00 and a 52-week high of $106.34. The stock has a 50-day moving average of $101.6 and a 200-day moving average of $94.07. The company has a market cap of $38.493 billion and a price-to-earnings ratio of 33.58.
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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