Rolls-Royce Holding PLC Receives Consensus Rating of “Hold” from Analysts (NASDAQ:RYCEY)
Shares of Rolls-Royce Holding PLC (NASDAQ:RYCEY) have been given a consensus recommendation of “Hold” by the twenty ratings firms that are currently covering the company, Stock Ratings News reports. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have given a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $1,303.33.
A number of research firms have recently commented on RYCEY. Analysts at Berenberg Bank initiated coverage on shares of Rolls-Royce Holding PLC in a research note on Tuesday, June 17th. They set a “buy” rating on the stock. Separately, analysts at Societe Generale downgraded shares of Rolls-Royce Holding PLC from a “hold” rating to a “sell” rating in a research note on Monday, June 16th. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of Rolls-Royce Holding PLC in a research note on Thursday, June 12th.
Rolls-Royce Holding PLC (NASDAQ:RYCEY) traded up 1.58% during mid-day trading on Friday, hitting $91.12. The stock had a trading volume of 954 shares. Rolls-Royce Holding PLC has a one year low of $79.94 and a one year high of $106.34. The stock has a 50-day moving average of $87.60 and a 200-day moving average of $91.71. The company has a market cap of $34.267 billion and a P/E ratio of 14.55.
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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