RBC Capital Reiterates Outperform Rating for Rolls-Royce Holding PLC (RYCEY)
Rolls-Royce Holding PLC (NASDAQ:RYCEY)‘s stock had its “outperform” rating reaffirmed by investment analysts at RBC Capital in a note issued to investors on Friday, American Banking and Market News reports.
Shares of Rolls-Royce Holding PLC (NASDAQ:RYCEY) traded down 1.68% during mid-day trading on Friday, hitting $86.00. The stock had a trading volume of 39,518 shares. Rolls-Royce Holding PLC has a one year low of $75.99 and a one year high of $106.34. The stock has a 50-day moving average of $100.7 and a 200-day moving average of $94.95. The company has a market cap of $32.044 billion and a P/E ratio of 28.58.
A number of other firms have also recently commented on RYCEY. Analysts at Societe Generale upgraded shares of Rolls-Royce Holding PLC from a “sell” rating to a “hold” rating in a research note on Friday. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Rolls-Royce Holding PLC in a research note on Tuesday. Finally, analysts at Espirito Santo Investment Bank Research reiterated a “neutral” rating on shares of Rolls-Royce Holding PLC in a research note on Tuesday. One analyst has rated the stock with a sell rating, six have given a hold rating and ten have given a buy rating to the company. Rolls-Royce Holding PLC currently has a consensus rating of “Buy” and a consensus price target of $1,156.67.
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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