Rolls-Royce Group plc Rating Reiterated by Liberum Capital (RYCEY)
Shares of Rolls-Royce Group plc (NASDAQ: RYCEY) traded down 0.50% during mid-day trading on Friday, hitting $83.77. Rolls-Royce Group plc has a one year low of $60.45 and a one year high of $85.98. The stock’s 50-day moving average is currently $78.7. The company has a market cap of $31.367 billion and a P/E ratio of 8.62.
Other equities research analysts have also recently issued reports about the stock. Analysts at Societe Generale reiterated a “sell” rating on shares of Rolls-Royce Group plc in a research note to investors on Wednesday. They now have a $900.00 price target on the stock. Separately, analysts at Investec raised their price target on shares of Rolls-Royce Group plc from $1,080.00 to $1,125.00 in a research note to investors on Wednesday. They now have an “add” rating on the stock. Finally, analysts at Jefferies Group raised their price target on shares of Rolls-Royce Group plc from $950.00 to $1,250.00 in a research note to investors on Friday, March 1st. They now have a “buy” rating on the stock.
One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $1,054.29.
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.