Skip to main content

Bernstein Reaffirms Their Hold Rating on Rolls-Royce Holdings (RYCEF)

Tipranks - Wed Feb 18, 2:10AM CST

Bernstein analyst Adrien Rabier maintained a Hold rating on Rolls-Royce Holdings today and set a price target of £9.00.

President's Day Sale - 70% Off

Rabier covers the Industrials sector, focusing on stocks such as Rheinmetall, SAFRAN SA, and MTU Aero Engines. According to TipRanks, Rabier has an average return of 2.1% and a 77.78% success rate on recommended stocks.

In addition to Bernstein, Rolls-Royce Holdings also received a Hold from TipRanks – xAI’s xAi Aerospace and Defense in a report issued on February 4. However, on the same day, TipRanks – Google upgraded Rolls-Royce Holdings (Other OTC: RYCEF) to a Buy.

Based on Rolls-Royce Holdings’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of p9.49 billion and a net profit of p4.42 billion. In comparison, last year the company earned a revenue of p8.86 billion and had a net profit of p1.15 billion

Based on the recent corporate insider activity of 122 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.

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.