In a report issued on October 16, Olivier Brochet from Credit Suisse maintained a Sell rating on Rolls-Royce Holdings (RYCEF), with a price target of £1.51. The company’s shares closed last Monday at $2.85.
According to TipRanks.com, Brochet is ranked #6576 out of 7017 analysts.
Rolls-Royce Holdings has an analyst consensus of Hold, with a price target consensus of $3.30, implying a 16.6% upside from current levels. In a report issued on October 1, J.P. Morgan also maintained a Sell rating on the stock with a £0.65 price target.
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The company has a one-year high of $10.06 and a one-year low of $1.33. Currently, Rolls-Royce Holdings has an average volume of 98.19K.
Based on the recent corporate insider activity of 46 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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