Rolls-Royce Holdings (RR.)

Sector:

Defense and Aeronautics

Index:

FTSE 100

102.18p
   
  • Change Today:
      0.48p
  • 52 Week High: 134.90p
  • 52 Week Low: 38.98p
  • Currency: UK Pounds
  • Shares Issued: 8,368m
  • Volume: 31,394,599
  • Market Cap: £8,550m
  • RiskGrade: 377

Berenberg names Rolls Royce 'top pick', operating margins set to grow substantially

By Alexander Bueso

Date: Tuesday 15 Jun 2021

LONDON (ShareCast) - (Sharecast News) - Analysts at Berenberg selected Airbus and Rolls Royce as their 'key picks' within civilian aerospace, arguing that the deep restructuring such companies had withstood would drive bigger operating margins within three to five years in comparison to pre-pandemic levels.
In the case of Rolls Royce, which they labelled the 'value play' in the sector, they said the engineer was "fundamentally" improving its cost structure which would "generate financial results far in excess and of better quality than before. So far, so good."

Covid-19 had seen Berenberg's sales and free cash flow forecasts for the sector in 2022 and 2025 drop by 25%/19% and 52%/35%, respectively.

But the analysts retained a positive stance towards the sector given building travel demand and valuations that weren't stretched.

Indeed, less restricted markets such as China and the US were showing a strong rebound, they said, with the likes of Airbus having pointed to a faster-than-expected ramp-up of the A320 and A220 programmes.

"From a low base, we expect Rolls-Royce will benefit over-proportionally from its fundamental restructuring, although all companies will derive improved business resilience and operational leverage into the upturn."

Berenberg kept its recommendation for Rolls Royce at 'buy' with an unchanged target price of 150.0p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Rolls Royce Market Data

Currency UK Pounds
Share Price 102.18p
Change Today 0.48p
% Change 0.47 %
52 Week High 134.90p
52 Week Low 38.98p
Volume 31,394,599
Shares Issued 8,368m
Market Cap £8,550m
RiskGrade 377

Rolls Royce Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
17.96% below the market average17.96% below the market average17.96% below the market average17.96% below the market average17.96% below the market average
7.69% below the sector average7.69% below the sector average7.69% below the sector average7.69% below the sector average7.69% below the sector average
Price Trend
40.71% below the market average40.71% below the market average40.71% below the market average40.71% below the market average40.71% below the market average
57.14% below the sector average57.14% below the sector average57.14% below the sector average57.14% below the sector average57.14% below the sector average
Income
62.39% below the market average62.39% below the market average62.39% below the market average62.39% below the market average62.39% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Growth
32.17% below the market average32.17% below the market average32.17% below the market average32.17% below the market average32.17% below the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average

What The Brokers Say

Strong Buy 4
Buy 0
Neutral 9
Sell 4
Strong Sell 3
Total 20
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Rolls Royce Dividends

  Latest Previous
  Interim Final
Ex-Div 24-Oct-19 25-Apr-19
Paid 03-Jan-20 01-Jul-19
Amount 4.60p 7.10p

Trades for 29-Jul-2021

Time Volume / Share Price
16:37 29,618 @ 102.18p
16:35 4,913,959 @ 102.18p
16:29 97 @ 102.10p
16:29 67 @ 102.10p
16:29 814 @ 102.10p

Rolls Royce Key Personnel

Chair Ian Davis
CEO Warren East

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