BNP Paribas Exane Initiates Coverage on Rolls-Royce Holdings PLC (OTCMKTS:RYCEY)

Research analysts at BNP Paribas Exane initiated coverage on shares of Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) in a report released on Friday. The firm set an “outperform” rating on the aerospace company’s stock.

Separately, Wells Fargo & Company raised Rolls-Royce Holdings PLC to a “strong-buy” rating in a report on Tuesday, March 31st. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Rolls-Royce Holdings PLC has a consensus rating of “Moderate Buy”.

Rolls-Royce Holdings PLC Stock Performance

Shares of OTCMKTS RYCEY opened at $17.73 on Friday. The firm’s 50-day simple moving average is $16.30 and its 200 day simple moving average is $16.30. The company has a current ratio of 1.20, a quick ratio of 0.91 and a debt-to-equity ratio of 1.03. Rolls-Royce Holdings PLC has a 12-month low of $11.56 and a 12-month high of $18.98.

Institutional Trading of Rolls-Royce Holdings PLC

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Rolls-Royce Holdings PLC during the 4th quarter worth about $33,000. Kelleher Financial Advisors bought a new stake in Rolls-Royce Holdings PLC during the 3rd quarter worth about $37,000. PNC Financial Services Group Inc. raised its holdings in Rolls-Royce Holdings PLC by 30.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 7,095 shares of the aerospace company’s stock worth $112,000 after purchasing an additional 1,658 shares during the last quarter. Ascentis Independent Advisors bought a new stake in shares of Rolls-Royce Holdings PLC in the 1st quarter valued at about $350,000. Finally, Kingswood Wealth Advisors LLC bought a new stake in shares of Rolls-Royce Holdings PLC in the 4th quarter valued at about $367,000. 0.07% of the stock is owned by institutional investors.

About Rolls-Royce Holdings PLC

Rolls-Royce Holdings plc is a UK-based multinational engineering company that designs, manufactures and services power systems for the civil and defence aerospace, marine and energy markets. The company’s core activities include the development and production of turbine engines for commercial and military aircraft, propulsion and power systems for naval vessels, and industrial gas turbines for power generation and distributed energy applications. A significant portion of its business is focused on aftermarket support, providing maintenance, repair and overhaul (MRO) services and long-term service agreements to customers worldwide.

In aerospace, Rolls‑Royce is best known for its high-thrust turbofan engines used on widebody and regional aircraft, supported by comprehensive service programs and digital monitoring solutions that optimize engine health and operational availability.