There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Rolls-Royce Holdings (RYCEF – Research Report) and TDCX (TDCX – Research Report) with bullish sentiments.
Rolls-Royce Holdings (RYCEF)
In a report released today, Christophe Menard from Deutsche Bank maintained a Buy rating on Rolls-Royce Holdings, with a price target of £3.10. The company’s shares closed last Tuesday at $3.27, close to its 52-week high of $3.30.
According to TipRanks.com, Menard is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Rolls-Royce Holdings with a $3.76 average price target, representing a 18.6% upside. In a report issued on November 24, Bank of America Securities also maintained a Buy rating on the stock with a £3.30 price target.
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TDCX (TDCX)
In a report released today, Usjima Pang Vittayaamnuaykoon from Goldman Sachs maintained a Buy rating on TDCX. The company’s shares closed last Tuesday at $4.97, close to its 52-week low of $4.35.
According to TipRanks.com, Vittayaamnuaykoon is ranked #8312 out of 8725 analysts.
TDCX has an analyst consensus of Strong Buy, with a price target consensus of $8.00, representing a 65.6% upside. In a report issued on November 23, Phillip Securities also maintained a Buy rating on the stock with a $8.60 price target.
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Read More on RYCEF:
- Rolls-Royce (OTHEROTC:RYCEF) Surges on Ambitious Profit Goals
- Rolls-Royce price target raised to 310 GBp from 210 GBp at Deutsche Bank
- Rolls-Royce upgraded to Overweight from Equal Weight at Morgan Stanley
- Rolls-Royce upgraded to Overweight from Equal Weight at Barclays
- Rolls-Royce Plans to Cut 2,500 Jobs Globally
