A number of analysts recently weighed in on the stock.
Shares of Rolls-Royce Holdings plc (LON:RR) have received an average rating of "Hold" from the eleven ratings firms that are presently covering the company, MarketBeat Ratings reports.
Fisher Asset Management LLC lowered its position in Rolls-Royce Holdings plc (OTCMKTS:RYCEY) by 5.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The company's stock had a trading volume of 26,357 shares, compared to its average volume of 44,246.
Rolls-Royce (OTCMKTS:RYCEY) was upgraded by Zacks Investment Research from a "hold" rating to a "buy" rating in a research note issued on Wednesday, May 23rd.
"One is that it demonstrates the company's commitment to engineering and support excellence". Morgan Stanley reduced their price objective on shares of Rolls-Royce from GBX 920 ($12.25) to GBX 900 ($11.98) and set an "equal weight" rating on the stock in a research note on Friday. Credit Suisse Group reduced their price objective on shares of Rolls-Royce from GBX 785 ($10.45) to GBX 780 ($10.38) and set an "underperform" rating on the stock in a research note on Monday, June 4th. Rolls-Royce Holding PLC now has an average rating of Hold and an average price target of GBX 634.80 ($7.92). Rolls-Royce has a one year low of GBX 733.50 ($9.84) and a one year high of GBX 994.50 ($13.34). Over the last three months, insiders have purchased 681 shares of company stock worth $443,723. Institutional investors own 0.11% of the company's stock. The Company operates through two divisions: Aerospace, which includes civil and defense businesses, and Land & Sea, which includes power systems, marine and nuclear businesses. According to Rolls some 380 package C engines were in service while there were 166 package B engines in service.
Some aircraft powered by Trent 1000 engines have been grounded, leading to flight cancellations and forcing airlines such as Virgin Atlantic to lease other aircraft.
Ranked England stunned by Scotland in only ODI
Fakhar Zaman was sent to the pavilion for 21 off 15 balls, leaving the tourists at 46-2 after 5.2 overs. Pakistan are now the number one side in the ICC T20I team rankings while Scotland are ranked 11.
Halo Infinite Announced At Xbox's E3 Briefing
There are a still a lot of questions we have about this title, but Microsoft and 343 Studios also have some time to answer them. Halo Infinite has been officially announced as the next entry in the Halo franchise and Master Chief's story .
Olympian Bode Miller's daughter passes away
The death of their daughter is under investigation, a representative of the Orange County sheriff's office said (via the AP). Emergency responders rushed to the scene where they performed CPR before taking her to the hospital.