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Analysts Offer Insights on Industrial Goods Companies: Plug Power (PLUG) and Rolls-Royce Holdings (OtherRYCEF)

Tipranks - Sun Apr 12, 8:42PM CDT

Analysts fell to the sidelines weighing in on Plug Power (PLUG) and Rolls-Royce Holdings (RYCEF) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Plug Power (PLUG)

RBC Capital analyst Chris Dendrinos maintained a Hold rating on Plug Power on April 9 and set a price target of $2.75. The company’s shares closed last Friday at $2.74.

According to TipRanks.com, Dendrinos is a 5-star analyst with an average return of 50.1% and a 53.2% success rate. Dendrinos covers the Technology sector, focusing on stocks such as Shoals Technologies Group, SolarEdge Technologies, and Array Technologies. ;'>

Currently, the analyst consensus on Plug Power is a Hold with an average price target of $2.71, which is a -3.0% downside from current levels. In a report issued on April 9, Susquehanna also maintained a Hold rating on the stock with a $2.75 price target.

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Rolls-Royce Holdings (RYCEF)

Kepler Capital analyst Aymeric Poulain maintained a Hold rating on Rolls-Royce Holdings on April 10 and set a price target of p1350.00. The company’s shares closed last Friday at $16.96.

According to TipRanks.com, Poulain is a 5-star analyst with an average return of 15.6% and a 66.3% success rate. Poulain covers the Industrial Goods sector, focusing on stocks such as MTU Aero Engines, Airbus Group SE, and BAE Systems. ;'>

Rolls-Royce Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $18.80, which is an 8.8% upside from current levels. In a report issued on March 28, TipRanks – OpenAI also downgraded the stock to Hold with a p1219.00 price target.

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