Rolls-Royce Holding PLC (OTCMKTS:RYCEY) – Jefferies Financial Group issued their FY2021 EPS estimates for Rolls-Royce in a note issued to investors on Thursday, July 11th. Jefferies Financial Group analyst S. Morris anticipates that the aerospace company will post earnings of $0.51 per share for the year. Jefferies Financial Group also issued estimates for Rolls-Royce’s FY2022 earnings at $0.63 EPS.

A number of other research firms also recently issued reports on RYCEY. BNP Paribas raised Rolls-Royce from a “neutral” rating to an “outperform” rating in a research report on Friday, April 5th. Zacks Investment Research downgraded EXACT Sciences from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd. Finally, Morgan Stanley set a $39.00 target price on Re/Max and gave the stock a “buy” rating in a research report on Monday, March 18th. Three analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $13.00.

OTCMKTS:RYCEY opened at $10.70 on Friday. The stock has a fifty day moving average price of $11.22. Rolls-Royce has a 1 year low of $9.50 and a 1 year high of $14.55. The stock has a market capitalization of $20.44 billion, a P/E ratio of 50.95, a P/E/G ratio of 1.75 and a beta of 0.96.

Several hedge funds and other institutional investors have recently made changes to their positions in RYCEY. Parametric Portfolio Associates LLC grew its position in shares of Rolls-Royce by 8.3% in the first quarter. Parametric Portfolio Associates LLC now owns 2,192,959 shares of the aerospace company’s stock valued at $25,943,000 after purchasing an additional 168,361 shares in the last quarter. Park National Corp OH purchased a new position in shares of Rolls-Royce in the second quarter valued at $127,000. Finally, Quadrant Capital Group LLC grew its position in shares of Rolls-Royce by 108.4% in the first quarter. Quadrant Capital Group LLC now owns 19,386 shares of the aerospace company’s stock valued at $223,000 after purchasing an additional 10,085 shares in the last quarter. Institutional investors own 0.13% of the company’s stock.

Rolls-Royce Company Profile

Rolls-Royce Holdings plc operates as an industrial technology company worldwide. It operates through four segments: Civil Aerospace, Power Systems, Defence, and ITP Aero. The Civil Aerospace segment manufactures aero engines for large commercial aircraft, regional jet, and business aviation markets, as well as provides aftermarket services.

Featured Story: Strangles

Receive News & Ratings for Rolls-Royce Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rolls-Royce and related companies with MarketBeat.com's FREE daily email newsletter.