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

Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) has been given a consensus rating of “Buy” by the five ratings firms that are presently covering the company, MarketBeat reports. Four analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company.

RYCEY has been the subject of a number of analyst reports. Berenberg Bank raised Rolls-Royce Holdings PLC from a “hold” rating to a “buy” rating in a report on Friday, June 12th. BNP Paribas Exane initiated coverage on shares of Rolls-Royce Holdings PLC in a report on Friday, May 29th. They set an “outperform” rating on the stock. Finally, Wells Fargo & Company raised Rolls-Royce Holdings PLC to a “strong-buy” rating in a report on Tuesday, March 31st.

Rolls-Royce Holdings PLC Stock Performance

RYCEY opened at $18.93 on Tuesday. Rolls-Royce Holdings PLC has a fifty-two week low of $12.78 and a fifty-two week high of $19.17. The company has a current ratio of 1.20, a quick ratio of 0.91 and a debt-to-equity ratio of 1.03. The firm’s fifty day moving average price is $17.01 and its two-hundred day moving average price is $16.84.

Institutional Trading of Rolls-Royce Holdings PLC

Institutional investors and hedge funds have recently modified their holdings of the stock. Dorsey Wright & Associates bought a new stake in shares of Rolls-Royce Holdings PLC in the 3rd quarter valued at about $1,558,000. Mcintyre Freedman & Flynn Investment Advisers Inc. bought a new stake in shares of Rolls-Royce Holdings PLC in the 3rd quarter valued at about $1,690,000. Pinnacle Wealth Management Advisory Group LLC bought a new stake in shares of Rolls-Royce Holdings PLC in the 1st quarter valued at about $1,963,000. Atlas Capital Advisors Inc. bought a new stake in shares of Rolls-Royce Holdings PLC in the 4th quarter valued at about $863,000. Finally, Kelleher Financial Advisors bought a new stake in shares of Rolls-Royce Holdings PLC in the 3rd quarter valued at about $37,000. 0.07% of the stock is owned by institutional investors.

Rolls-Royce Holdings PLC Company Profile

Rolls-Royce Holdings plc is a UK-based multinational engineering company that designs, manufactures and services power systems for the civil and defence aerospace, marine and energy markets. The company’s core activities include the development and production of turbine engines for commercial and military aircraft, propulsion and power systems for naval vessels, and industrial gas turbines for power generation and distributed energy applications. A significant portion of its business is focused on aftermarket support, providing maintenance, repair and overhaul (MRO) services and long-term service agreements to customers worldwide.

In aerospace, Rolls‑Royce is best known for its high-thrust turbofan engines used on widebody and regional aircraft, supported by comprehensive service programs and digital monitoring solutions that optimize engine health and operational availability.