Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) Given Average Rating of “Moderate Buy” by Analysts

Shares of Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) have earned an average recommendation of “Moderate Buy” from the six research firms that are presently covering the company, Marketbeat reports. Three analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company.

A number of research firms recently weighed in on RYCEY. Royal Bank Of Canada began coverage on shares of Rolls-Royce Holdings PLC in a research note on Tuesday, November 18th. They set an “outperform” rating on the stock. Berenberg Bank raised Rolls-Royce Holdings PLC to a “hold” rating in a research report on Monday, October 20th. Finally, The Goldman Sachs Group initiated coverage on shares of Rolls-Royce Holdings PLC in a research report on Friday, September 19th. They set a “buy” rating for the company.

Rolls-Royce Holdings PLC Trading Up 0.3%

RYCEY stock opened at $14.82 on Friday. The business’s fifty day moving average price is $14.84 and its 200 day moving average price is $14.28. Rolls-Royce Holdings PLC has a 12-month low of $6.80 and a 12-month high of $16.27.

Hedge Funds Weigh In On Rolls-Royce Holdings PLC

Hedge funds have recently added to or reduced their stakes in the business. ORG Partners LLC lifted its position in Rolls-Royce Holdings PLC by 115.3% during the third quarter. ORG Partners LLC now owns 1,970 shares of the aerospace company’s stock worth $32,000 after buying an additional 1,055 shares during the period. Kelleher Financial Advisors acquired a new stake in shares of Rolls-Royce Holdings PLC in the 3rd quarter worth approximately $37,000. Salomon & Ludwin LLC boosted its holdings in Rolls-Royce Holdings PLC by 2,646.8% during the third quarter. Salomon & Ludwin LLC now owns 3,049 shares of the aerospace company’s stock worth $48,000 after buying an additional 2,938 shares in the last quarter. Sterling Investment Advisors Ltd. acquired a new stake in Rolls-Royce Holdings PLC during the 2nd quarter valued at $174,000. Finally, GAMMA Investing LLC increased its stake in shares of Rolls-Royce Holdings PLC by 17.4% in the second quarter. GAMMA Investing LLC now owns 34,443 shares of the aerospace company’s stock worth $461,000 after acquiring an additional 5,099 shares during the last quarter. 0.07% of the stock is currently owned by hedge funds and other institutional investors.

Rolls-Royce Holdings PLC Company Profile

Rolls-Royce Holdings plc develops and delivers complex power and propulsion solutions for air, sea, and land in the United Kingdom and internationally. The company operates through four segments: Civil Aerospace, Defence, Power Systems, and New Markets. The Civil Aerospace segment develops, manufactures, markets, and sells aero engines for large commercial aircraft, regional jet, and business aviation markets, as well as provides aftermarket services.