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Berenberg Bank Sticks to Their Hold Rating for Rolls-Royce Holdings (RYCEF)

Tipranks - Tipranks - Thu Mar 5, 6:14AM CST

In a report released today, George McWhirter from Berenberg Bank maintained a Hold rating on Rolls-Royce Holdings, with a price target of £12.50.

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McWhirter covers the Industrials sector, focusing on stocks such as Airbus Group SE, Babcock International, and MTU Aero Engines. According to TipRanks, McWhirter has an average return of 46.8% and a 76.47% success rate on recommended stocks.

In addition to Berenberg Bank, Rolls-Royce Holdings also received a Hold from Bernstein’s Adrien Rabier in a report issued on February 26. However, on March 1, TipRanks – xAI upgraded Rolls-Royce Holdings (Other OTC: RYCEF) to a Buy.

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The company has a one-year high of p1,420.00 and a one-year low of p562.09. Currently, Rolls-Royce Holdings has an average volume of 25.34M.

Based on the recent corporate insider activity of 120 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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