Europe's aviation regulator ordered a one-off visual inspection of fuel hoses on some Rolls-Royce XWB-97 engines powering Airbus A350-1000 jetliners following an engine fire on a Cathay Pacific airplane earlier this week.
Rolls-Royce Holdings PLC (LSE:RR.)-backed Reaction Engines had its book value slashed by two of the UK's top fund managers, on predictions it will take more time and potentially more money to break even.
Here is how Rolls-Royce Holdings PLC (RYCEY) and TransDigm Group (TDG) have performed compared to their sector so far this year.
Rolls-Royce Holdings PLC (LSE:RR.) has seen its credit rating lifted by agency S&P Global after reporting a jump in margins over the first half of the year.
Does Rolls-Royce Holdings PLC (RYCEY) have what it takes to be a top stock pick for momentum investors? Let's find out.
Here is how Rolls-Royce Holdings PLC (RYCEY) and TransDigm Group (TDG) have performed compared to their sector so far this year.
Rolls-Royce stock has risen 132.5% in the past year, but is still trading significantly below its pre-pandemic levels, showing potential for continued rise. Strong financial performance in H1 2024, with healthy revenue growth, improved margins, and upgraded profit guidance support the price. The forward P/E is attractive too, as is dividend reinstatement. From a longer-term perspective, the company's focus on decarbonisation goals, including developing hydrogen fuel engines and battery storage, adds to long-term potential.
Rolls-Royce Holdings PLC (LSE:RR.) could be lining up to deliver “a lot more” after working capital outflows appear to have been brought under control, analysts say.
Jet engine maker Rolls-Royce Holdings PLC (LSE:RR.)'s strong interim results have led to a price target upgrade from JPMorgan, raising it to 535p from the previous 475p.
Does Rolls-Royce Holdings PLC (RYCEY) have what it takes to be a top stock pick for momentum investors? Let's find out.
Rolls-Royce Holdings PLC (LSE:RR.) shares are eyeing a further jet-fuelled increase in value if the engine maker can hit high-end cash flow targets, Citigroup analysts suggest.
Rolls-Royce Holdings PLC (LSE:RR.) is in talks with investors about raising cash for its mini nuclear power stations and is looking at a "range of options".