Rolls-Royce Group plc Stock Rating Reaffirmed by Liberum Capital (RYCEY)
Rolls-Royce Group plc (NASDAQ:RYCEY)‘s stock had its “buy” rating reaffirmed by research analysts at Liberum Capital in a report released on Friday, Analyst Ratings Network reports.
Rolls-Royce Group plc (NASDAQ:RYCEY) traded up 0.27% on Friday, hitting $97.63. The stock had a trading volume of 7,972 shares. Rolls-Royce Group plc has a one year low of $75.30 and a one year high of $106.34. The stock has a 50-day moving average of $102.0 and a 200-day moving average of $94.62. The company has a market cap of $36.377 billion and a price-to-earnings ratio of 31.82.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “sell” rating on shares of Rolls-Royce Group plc in a research note to investors on Tuesday, January 21st. Separately, analysts at Investec downgraded shares of Rolls-Royce Group plc to an “add” rating in a research note to investors on Monday, January 13th. Finally, 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. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and ten have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $1,173.13.
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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