Morgan Stanley Sticks to Their Hold Rating for Rolls-Royce Holdings plc

Morgan Stanley Sticks to Their Hold Rating for Rolls-Royce Holdings plc

May 11, 2020


Morgan Stanley (NYSE:MS) analyst Andrew Humphrey maintained a Hold rating on Rolls-Royce (OTC:RYCEY) Holdings plc on Sunday, setting a price target of £4.6, which is approximately 24.32% above the present share price of $3.7.

Humphrey expects Rolls-Royce Holdings plc to post earnings per share (EPS) of $ for the second quarter of 2020.

The current consensus among 9 TipRanks analysts is for a Hold rating of shares in Rolls-Royce Holdings, with an average price target of $5.65.
The analysts price targets range from a high of $10.35 to a low of $2.17.

In its latest earnings report, released on 12/31/2019, the company reported a quarterly revenue of $ and a net profit of $. The company's market cap is $7.14 billion.

According to TipRanks.com, Morgan Stanley analyst Andrew Humphrey is ranked 0 out of 5 stars with an average return of -22.5% and a 29.2% success rate.

Rolls-Royce Holdings Plc (LON:RR) designs, develops, manufactures, and services integrated power systems for use in the air, on land, and at sea. The company operates its business through following segments: Civil Aerospace, Power Systems, Defense, ITP Aero, and Corporate. The Civil Aerospace segment offers commercial aero engines and aftermarket services. The Power Systems segment includes engines, power systems and nuclear systems for civil power generation. The Defense segment consists of military aero engines, naval engines, submarines and aftermarket services. The ITP Aero segment provides aeronautical engines and gas turbines. The company was founded in March 1906 and is headquartered in London, the United Kingdom.

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