In a report released today, Ian Douglas from UBS maintained a Hold rating on Rolls-Royce Holdings (RYCEF – Research Report), with a price target of £1.05. The company’s shares closed yesterday at $1.35.
According to TipRanks, Douglas is ranked #2796 out of 8263 analysts.
In addition to UBS, Rolls-Royce Holdings also received a Hold from Societe Generale’s Zafar Khan in a report issued on January 26. However, on the same day, Deutsche Bank upgraded Rolls-Royce Holdings (Other OTC: RYCEF) to a Buy.
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Based on Rolls-Royce Holdings’ latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $0. In comparison, last year the company had a net profit of $0
Based on the recent corporate insider activity of 63 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.
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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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