Rolls-Royce Holdings PLC (RYCEY) Receives Average Rating of “Hold” from Brokerages
Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) has been given a consensus recommendation of “Hold” by the five research firms that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company.
Separately, Zacks Investment Research raised Rolls-Royce Holdings PLC from a “sell” rating to a “hold” rating in a research note on Tuesday, June 6th.
A hedge fund recently raised its stake in Rolls-Royce Holdings PLC stock. Parametric Portfolio Associates LLC boosted its position in Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) by 23.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 920,044 shares of the aerospace company’s stock after buying an additional 175,747 shares during the period. Parametric Portfolio Associates LLC’s holdings in Rolls-Royce Holdings PLC were worth $8,740,000 at the end of the most recent quarter. 0.07% of the stock is owned by institutional investors and hedge funds.
Rolls-Royce Holdings PLC (RYCEY) opened at 11.53 on Tuesday. The stock’s 50 day moving average price is $11.54 and its 200 day moving average price is $9.90. The stock’s market cap is $21.27 billion. Rolls-Royce Holdings PLC has a one year low of $7.90 and a one year high of $12.08.
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About Rolls-Royce Holdings PLC
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