J.P. Morgan Sticks to Its Buy Rating for Rolls-Royce Holdings (RYCEF)
In a report released today, David Perry from J.P. Morgan maintained a Buy rating on Rolls-Royce Holdings, with a price target of £16.25.
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According to TipRanks, Perry is a 5-star analyst with an average return of 12.0% and a 58.41% success rate. Perry covers the Industrials sector, focusing on stocks such as Rolls-Royce Holdings, Airbus Group SE, and HENSOLDT AG.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Rolls-Royce Holdings with a £14.34 average price target.
RYCEF market cap is currently £117.5B and has a P/E ratio of 20.38.
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.
Read More on RYCEF:
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- Rolls-Royce upgraded to Buy from Hold at Berenberg
- United Airlines CEO calls out Rolls-Royce for lack of support, Bloomberg says
- Rolls-Royce initiated with an Outperform at BNP Paribas
- Rolls-Royce price target raised to 1,270 GBp from 1,250 GBp at Berenberg
- Jefferies aerospace/defense analysts hold an analyst/industry conference call
