Rolls-Royce Holdings PLC (RYCEY) Rating Reiterated by Deutsche Bank AG
Rolls-Royce Holdings PLC (OTCMKTS:RYCEY)‘s stock had its “sell” rating restated by stock analysts at Deutsche Bank AG in a research note issued on Saturday.
RYCEY has been the subject of a number of other reports. Zacks Investment Research lowered shares of Rolls-Royce Holdings PLC from a “buy” rating to a “hold” rating in a report on Saturday, October 15th. Morgan Stanley raised shares of Rolls-Royce Holdings PLC from an “underweight” rating to an “equal weight” rating in a report on Wednesday, August 10th. Finally, Liberum Capital reissued a “hold” rating on shares of Rolls-Royce Holdings PLC in a report on Thursday, July 28th. Four analysts have rated the stock with a sell rating and seven have issued a hold rating to the stock. Rolls-Royce Holdings PLC has an average rating of “Hold” and a consensus target price of $10.00.
Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) traded down 6.37% during midday trading on Friday, reaching $8.23. 340,722 shares of the company’s stock were exchanged. The firm has a 50-day moving average price of $0.00 and a 200 day moving average price of $0.00. Rolls-Royce Holdings PLC has a 12-month low of $7.33 and a 12-month high of $11.10.
An institutional investor recently bought a new position in Rolls-Royce Holdings PLC stock. Cascade Investment Advisors Inc. bought a new stake in Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 16,175 shares of the company’s stock, valued at approximately $156,000. Hedge funds and other institutional investors own 0.10% of the company’s stock.
Rolls-Royce Holdings PLC Company Profile
Rolls-Royce Holdings plc is a provider of an integrated power and propulsion solutions. The Company operates through two divisions: Aerospace, which includes civil and defense businesses, and Land & Sea, which includes power systems, marine and nuclear businesses. Its civil aerospace business is engaged in the development, manufacture, marketing and sales of commercial aero engines and aftermarket services.
Receive News & Stock Ratings for Rolls-Royce Holdings PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rolls-Royce Holdings PLC and related stocks with our FREE daily email newsletter.