J.P. Morgan analyst David Perry maintained a Sell rating on Rolls-Royce Holdings (RYCEF) on November 9 and set a price target of £0.30. The company’s shares closed last Tuesday at $1.47, close to its 52-week low of $0.88.
Perry has an average return of 15.3% when recommending Rolls-Royce Holdings.
According to TipRanks.com, Perry is ranked #6804 out of 7073 analysts.
Rolls-Royce Holdings has an analyst consensus of Hold, with a price target consensus of $1.13, a -23.1% downside from current levels. In a report issued on October 28, Credit Suisse also maintained a Sell rating on the stock with a £0.59 price target.
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The company has a one-year high of $9.60 and a one-year low of $0.88. Currently, Rolls-Royce Holdings has an average volume of 410.7K.
Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of RYCEF in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
