Rolls-Royce Holdings shares rise amid bullish analyst price targets

Rolls-Royce Holdings plc shares saw a slight increase of 0.1% during mid-day trading, reaching an intraday high of GBX 1,491.80. The aerospace and defense company maintains a market capitalization of £123.35 billion.

Financial analysts have expressed constructive sentiment toward the stock. The consensus rating is a “Moderate Buy” with an average price target of GBX 1,690.33. Notable recent analyst actions include:

• JPMorgan Chase & Co. raised its price target to GBX 1,800 with an “overweight” rating. • Berenberg Bank increased its price objective to GBX 1,900 with a “buy” rating. • Citigroup raised its target to GBX 1,647 while maintaining a “neutral” rating. • Royal Bank of Canada reiterated an “outperform” rating with a GBX 1,600 target. • Deutsche Bank reissued a “buy” rating with a GBX 1,325 target.