Royal Bank Of Canada Begins Coverage on Rolls-Royce Holdings PLC (OTCMKTS:RYCEY)
Royal Bank of Canada initiated coverage on Rolls-Royce Holdings PLC with an "outperform" rating. Other analysts have also issued ratings, with a consensus of "Moderate Buy." The stock opened at $14.36, with a 50-day average of $15.41. Institutional investors have adjusted their holdings, with notable increases by Bowen Hanes & Co. Inc. and L & S Advisors Inc. Rolls-Royce operates in Civil Aerospace, Defence, Power Systems, and New Markets segments.
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