Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) Receives Average Rating of “Moderate Buy” from Analysts

Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) has earned a consensus recommendation of “Moderate Buy” from the six analysts that are covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of research firms have weighed in on RYCEY. Royal Bank Of Canada began coverage on Rolls-Royce Holdings PLC in a report on Tuesday, November 18th. They set an “outperform” rating on the stock. The Goldman Sachs Group began coverage on Rolls-Royce Holdings PLC in a research report on Friday, September 19th. They set a “buy” rating for the company. Finally, Berenberg Bank upgraded Rolls-Royce Holdings PLC to a “hold” rating in a research report on Monday, October 20th.

Rolls-Royce Holdings PLC Stock Down 0.5%

OTCMKTS:RYCEY opened at $14.77 on Friday. The company has a 50-day moving average of $14.86 and a 200-day moving average of $14.23. Rolls-Royce Holdings PLC has a 52 week low of $6.80 and a 52 week high of $16.27.

Institutional Investors Weigh In On Rolls-Royce Holdings PLC

Large investors have recently made changes to their positions in the company. Bowen Hanes & Co. Inc. increased its position in Rolls-Royce Holdings PLC by 6.9% in the third quarter. Bowen Hanes & Co. Inc. now owns 4,321,380 shares of the aerospace company’s stock worth $70,006,000 after purchasing an additional 278,070 shares during the period. L & S Advisors Inc lifted its position in Rolls-Royce Holdings PLC by 16.4% during the 2nd quarter. L & S Advisors Inc now owns 288,058 shares of the aerospace company’s stock valued at $3,854,000 after purchasing an additional 40,691 shares during the period. Financially Speaking Inc bought a new position in shares of Rolls-Royce Holdings PLC in the 3rd quarter valued at about $1,808,000. Yousif Capital Management LLC grew its position in shares of Rolls-Royce Holdings PLC by 7.8% during the 2nd quarter. Yousif Capital Management LLC now owns 107,032 shares of the aerospace company’s stock worth $1,419,000 after buying an additional 7,705 shares during the period. Finally, Mcintyre Freedman & Flynn Investment Advisers Inc. acquired a new stake in shares of Rolls-Royce Holdings PLC during the 3rd quarter worth approximately $1,690,000. Institutional investors own 0.07% of the company’s stock.

About Rolls-Royce Holdings PLC

Rolls-Royce Holdings plc develops and delivers complex power and propulsion solutions for air, sea, and land in the United Kingdom and internationally. The company operates through four segments: Civil Aerospace, Defence, Power Systems, and New Markets. The Civil Aerospace segment develops, manufactures, markets, and sells aero engines for large commercial aircraft, regional jet, and business aviation markets, as well as provides aftermarket services.