Rolls-Royce Holdings (RYCEF) Receives a Rating Update from a Top Analyst
In a report released today, Chloe Lemarie from Jefferies maintained a Buy rating on Rolls-Royce Holdings, with a price target of £15.30.
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Lemarie covers the Industrials sector, focusing on stocks such as Airbus Group SE, Rolls-Royce Holdings, and HENSOLDT AG. According to TipRanks, Lemarie has an average return of 31.3% and a 79.91% success rate on recommended stocks.
In addition to Jefferies, Rolls-Royce Holdings also received a Buy from RBC Capital’s Mark Fielding in a report issued yesterday. However, on April 10, Kepler Capital maintained a Hold rating on Rolls-Royce Holdings (Other OTC: RYCEF).
Based on Rolls-Royce Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of p11.72 billion and a net profit of p1.43 billion. In comparison, last year the company earned a revenue of p10.05 billion and had a net profit of p1.37 billion
Based on the recent corporate insider activity of 126 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 price target lowered to 1,500 GBp from 1,550 GBp at UBS
- Rolls-Royce price target raised to 1,500 GBp from 1,320 GBp at JPMorgan
- Rolls-Royce initiated with an Overweight at Wells Fargo
- StandardAero selected by Robinson Helicopter Company as MRO provider
- Rolls-Royce price target raised to 1,250 GBp from 1,080 GBp at Berenberg
