Rolls-Royce Holdings (RYCEF) Gets a Sell Rating from J.P. Morgan


J.P. Morgan analyst David Perry maintained a Sell rating on Rolls-Royce Holdings (RYCEF) on January 9 and set a price target of £0.50. The company’s shares closed last Wednesday at $1.44, close to its 52-week low of $0.88.

Perry has an average return of 14.3% when recommending Rolls-Royce Holdings.

According to TipRanks.com, Perry is ranked #7025 out of 7227 analysts.

Rolls-Royce Holdings has an analyst consensus of Hold, with a price target consensus of $1.34.

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Rolls-Royce Holdings’ market cap is currently $12.07B and has a P/E ratio of -1.10. The company has a Price to Book ratio of -0.66.

Based on the recent corporate insider activity of 54 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.

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