Rolls-Royce Holdings (RYCEF – Research Report) received a Buy rating and a £1.36 price target from Deutsche Bank analyst Christophe Menard today. The company’s shares closed yesterday at $1.39.
Menard covers the Technology sector, focusing on stocks such as Airbus Group SE, Rolls-Royce Holdings, and BAE Systems. According to TipRanks, Menard has an average return of 4.3% and a 54.86% success rate on recommended stocks.
Currently, the analyst consensus on Rolls-Royce Holdings is a Hold with an average price target of $1.39.
See the top stocks recommended by analysts >>
RYCEF market cap is currently $11.16B and has a P/E ratio of -4.72.
Based on the recent corporate insider activity of 65 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling 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.
Read More on RYCEF: