Rolls-Royce Holding PLC (RYCEY) Given Average Rating of “Hold” by Analysts

Shares of Rolls-Royce Holding PLC (OTCMKTS:RYCEY) have earned a consensus recommendation of “Hold” from the seven ratings firms that are currently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company.

Several analysts recently issued reports on the stock. Zacks Investment Research lowered shares of Rolls-Royce from a “buy” rating to a “sell” rating in a report on Wednesday, May 1st. BNP Paribas upgraded shares of Rolls-Royce from a “neutral” rating to an “outperform” rating in a research note on Friday, April 5th. Credit Suisse Group upgraded shares of Rolls-Royce from a “neutral” rating to an “outperform” rating in a research note on Wednesday, February 13th. Morgan Stanley upgraded shares of Rolls-Royce from an “equal weight” rating to an “overweight” rating in a research note on Monday, March 18th. Finally, ValuEngine lowered shares of Rolls-Royce from a “buy” rating to a “hold” rating in a research note on Thursday, March 7th.

Shares of RYCEY stock traded up $0.10 on Friday, hitting $11.50. 51,025 shares of the stock traded hands, compared to its average volume of 1,368,932. The stock has a market cap of $21.66 billion, a price-to-earnings ratio of 54.76, a PEG ratio of 1.84 and a beta of 1.05. Rolls-Royce has a twelve month low of $9.50 and a twelve month high of $14.55.

An institutional investor recently raised its position in Rolls-Royce stock. Quadrant Capital Group LLC boosted its holdings in Rolls-Royce Holding PLC (OTCMKTS:RYCEY) by 108.4% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,386 shares of the aerospace company’s stock after acquiring an additional 10,085 shares during the quarter. Quadrant Capital Group LLC’s holdings in Rolls-Royce were worth $223,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 0.13% of the company’s stock.

Rolls-Royce Company Profile

Rolls-Royce Holdings plc operates as an industrial technology company worldwide. It operates through four segments: Civil Aerospace, Power Systems, Defence, and ITP Aero. The Civil Aerospace segment manufactures aero engines for large commercial aircraft, regional jet, and business aviation markets, as well as provides aftermarket services.

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Analyst Recommendations for Rolls-Royce (OTCMKTS:RYCEY)

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