Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) have received a consensus rating of “Moderate Buy” from the six analysts that are currently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company.

Several research firms recently weighed in on RYCEY. Wells Fargo & Company upgraded Rolls-Royce Holdings PLC to a “strong-buy” rating in a report on Tuesday, March 31st. BNP Paribas Exane assumed coverage on shares of Rolls-Royce Holdings PLC in a research report on Friday. They issued an “outperform” rating on the stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Rolls-Royce Holdings PLC during the 4th quarter worth $33,000. Kelleher Financial Advisors acquired a new stake in shares of Rolls-Royce Holdings PLC in the third quarter valued at about $37,000. PNC Financial Services Group Inc. increased its stake in shares of Rolls-Royce Holdings PLC by 30.5% in the fourth 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 period. Ascentis Independent Advisors bought a new position in shares of Rolls-Royce Holdings PLC in the first quarter worth about $350,000. Finally, Kingswood Wealth Advisors LLC acquired a new position in shares of Rolls-Royce Holdings PLC during the 4th quarter worth about $367,000. 0.07% of the stock is currently owned by institutional investors and hedge funds.

Rolls-Royce Holdings PLC Stock Up 1.7%

Shares of RYCEY traded up $0.30 during trading hours on Friday, hitting $18.03. 599,436 shares of the company were exchanged, compared to its average volume of 3,868,065. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.91 and a current ratio of 1.20. The firm’s 50 day moving average is $16.30 and its 200-day moving average is $16.30. Rolls-Royce Holdings PLC has a 52 week low of $11.56 and a 52 week high of $18.98.

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.