J.P. Morgan Keeps Their Sell Rating on Rolls-Royce Holdings (RYCEF)


In a report issued on August 9, David Perry from J.P. Morgan maintained a Sell rating on Rolls-Royce Holdings (RYCEF), with a price target of £0.90. The company’s shares closed last Monday at $3.49, close to its 52-week low of $2.83.

Perry has an average return of 50.7% when recommending Rolls-Royce Holdings.

According to TipRanks.com, Perry is ranked #6181 out of 6880 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Rolls-Royce Holdings with a $4.75 average price target.

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The company has a one-year high of $10.50 and a one-year low of $2.83. Currently, Rolls-Royce Holdings has an average volume of 94.86K.

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Rolls-Royce Holdings Plc designs, develops, manufactures, and services integrated power systems for use in the air, on land, and at sea. The company operates its business through following segments: Civil Aerospace, Power Systems, Defense, ITP Aero, and Corporate. The Civil Aerospace segment offers commercial aero engines and aftermarket services. The Power Systems segment includes engines, power systems and nuclear systems for civil power generation. The Defense segment consists of military aero engines, naval engines, submarines and aftermarket services. The ITP Aero segment provides aeronautical engines and gas turbines. The company was founded in March 1906 and is headquartered in London, the United Kingdom.

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