Rolls-Royce's recent trading update continues to reflect progress, with developments in power systems and new markets looking particularly good. The stock's forward P/E also continues to reflect upside both in the near term and the medium term. The company faces a risk from supply chain challenges that can affect its fast growing civil aerospace segment. But for now, the risk appears controlled.
Rolls-Royce Holdings PLC (LSE:RR.) has had a buy rating and three-year price target of 665p reiterated by Panmure Liberum after the aero-engine maker left guidance unchanged in yesterday's update.
Rolls-Royce Holdings PLC (LSE:RR.) dipped over 4% on Thursday after the engine maker's move to double down on guidance underwhelmed given a backdrop of heightened expectation.
Rolls-Royce Holdings PLC (LSE:RR.) has doubled down on guidance despite ongoing supply chain issues as demand across the defence and civil aerospace sectors remains strong.
British engineering company Rolls-Royce stuck to guidance for profit growth this year despite the supply chain challenges it said were affecting it and leading to delays for parts.
Rolls-Royce Holdings PLC (LSE:RR.) shares surged to a record high on Wednesday as Donald Trump's election win over Kamala Harris sent defence stocks higher.
Rolls-Royce Holdings PLC (LSE:RR.) chief Tufan Erginbilgic has advised Labour Chancellor Rachel Reeves to avoid policies that could hinder economic growth ahead of her maiden Budget.
Rolls-Royce Holdings PLC (LSE:RR.)'s mini nuclear reactor business has posted a £78 million loss for last year as news on government support for the industry is awaited.
Rolls-Royce Holdings PLC (LSE:RR.) is being tipped for an upbeat third-quarter trading update on 7 November by UBS but with an emphasis on the long-term potential.
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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 reportedly moved to shut down its electrical propulsion business after failing to find a buyer.