Berenberg stays at 'sell' on Rolls Royce due to medium-term risks
25th Jan 2024 13:19
(Sharecast News) - Analysts at Berenberg kept their recommendation for shares of engineer Rolls Royce at 'sell' following its analysis of current positioning in the company's shares among long-only and hedge fund investors.
Read moreLondon close: Stocks slip as focus shifts to US earnings
23rd Jan 2024 17:46
(Sharecast News) - London's stock markets experienced a downturn on Tuesday, despite the release of favourable UK borrowing figures as investors turned their focus to earnings from prominent US companies on Wall Street.
Read moreLondon close: Stocks finish lower as wage growth eases
16th Jan 2024 16:17
(Sharecast News) - London's stock markets finished in the red on Tuesday, as investors assessed the latest UK jobs data.
Read moreBerenberg lowers Rolls-Royce to 'sell'
16th Jan 2024 09:02
(Sharecast News) - Analysts at Berenberg lowered aerospace and defence giant Rolls-Royce to 'sell' from 'hold' on Tuesday, citing an unfavourable risk/reward scenario, but marked up their target price on the stock from 100.0p to 240.0p.
Read moreLondon close: Stocks make small gains in wake of rate decisions
18th Dec 2023 15:35
(Sharecast News) - London stocks closed with minimal changes on Monday, following a week marked by significant central bank decisions.
Read moreLondon close: Stocks mixed ahead of central bank meetings
11th Dec 2023 15:38
(Sharecast News) - London's stock markets closed with mixed results on Monday as miners faced pressure following disappointing Chinese economic data.
Read moreCiti lifts Rolls-Royce price target after CMD
11th Dec 2023 08:46
(Sharecast News) - Citi lifted its price target on Rolls-Royce on Monday to 431p from 294p as it increased its forecasts after the engine maker's capital markets day.
Read moreLondon close: Stocks finish weaker as commodities drag
4th Dec 2023 15:46
(Sharecast News) - London's equity markets closed lower on Monday as investors kept a watchful eye on upcoming US jobs data, while gold prices surged to record highs.
Read moreJP Morgan upgrades Rolls-Royce to 'overweight'
4th Dec 2023 07:55
(Sharecast News) - JP Morgan has upgraded its rating for aerospace engineer Rolls-Royce from 'neutral' to 'overweight' and hiked its target price for the stock from 235p to 400p.
Read moreLondon close: Stocks slip after mountain of broker notes
28th Nov 2023 15:30
(Sharecast News) - London's stock markets finished in the red on Tuesday as investors deliberated over the latest shop price data, as well as a deluge of broker notes.
Read moreRolls-Royce takes wraps off mid-term financial targets
28th Nov 2023 07:48
(Sharecast News) - Rolls-Royce unveiled its mid-term financial targets on Tuesday, aimed at ushering in a significant transformation in its performance.
Read moreSunday newspaper round-up: Rolls-Royce, Minimum wage, Metro Bank
26th Nov 2023 20:42
(Sharecast News) - Rolls-Royce chief Tufan Erginbilgic is expected to push for government backing for the company's small modular reactors. The engineer has already received approximately £200m in government funding and has a lead on its domestic and foreign rivals, but Erginbligic is worried that they might catch up. The government's lukewarm attitude may also make potential foreign buyers hesitate. - The Financial Mail on Sunday
Read moreLondon close: Stocks finish mixed, Rolls-Royce jumps on upgrade
31st Oct 2023 15:41
(Sharecast News) - London's stock markets saw a mixed performance on Tuesday, with Rolls-Royce recording solid gains after a rating upgrade, while BP fell on disappointing third-quarter numbers.
Read moreBarclays upgrades Rolls-Royce to 'overweight'
31st Oct 2023 07:56
(Sharecast News) - Barclays has raised its stance on engineering giant Rolls-Royce from 'equal weight' to 'overweight' after recent weakness in the share price.
Read moreRolls-Royce to cut up to 2,500 jobs as part of streamlining plans
17th Oct 2023 07:39
(Sharecast News) - Engine maker Rolls-Royce said on Tuesday that it will cut up to 2,500 jobs worldwide as part of a plan to streamline the organisation.
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