Position：home

Rolls Royce Plc Share Price Soars by Over 90% in Past Year

Key Points

Rolls Royce Plc (LON: RR) share price has surged by over 90% in the past year, outperforming the FTSE 100 index.
The company's strong financial performance, driven by increased demand for its products and services, has fueled this impressive growth.
Analysts expect Rolls Royce Plc's share price to continue to rise in the coming months, with a target price of 150p per share.

Rolls Royce Plc's Strong Financial Performance

Rolls Royce Plc reported a strong set of financial results for the year ended December 2021, with revenue increasing by 10% to £11.7 billion. The company's underlying profit before tax also increased by 56% to £1.3 billion.

This strong financial performance was driven by increased demand for Rolls Royce Plc's products and services, particularly in the civil aerospace and defense sectors. The company's order book also increased by 14% to £72 billion, providing a solid foundation for future growth.

rolls royce plc share price

Analysts' Expectations

Analysts are expecting Rolls Royce Plc's share price to continue to rise in the coming months, with a target price of 150p per share. This target price is based on the company's strong financial performance and its positive outlook for the future.

Analysts believe that Rolls Royce Plc is well-positioned to benefit from the recovery in the global aerospace industry, which is expected to continue in 2022 and beyond. The company's strong order book and its leading position in the market will also support its continued growth.

New Applications for Rolls Royce Plc's Products and Services

Rolls Royce Plc is also exploring new applications for its products and services, such as in the marine and energy sectors. The company's expertise in engineering and manufacturing could be applied to a variety of new markets, providing additional growth opportunities.

Rolls Royce Plc Share Price Soars by Over 90% in Past Year

One potential new application for Rolls Royce Plc's products is in the marine sector. The company's engines could be used to power ships and other vessels, providing a more efficient and environmentally friendly alternative to traditional propulsion systems.

Rolls Royce Plc's Strong Financial Performance

Tables

Table 1: Rolls Royce Plc's Financial Performance

Key Points

Year	Revenue (£ billion)	Underlying Profit Before Tax (£ billion)
2020	10.6	0.8
2021	11.7	1.3

Table 2: Rolls Royce Plc's Order Book

Year	Order Book (£ billion)
2020	63
2021	72

Table 3: Rolls Royce Plc's Share Price Performance

Year	Share Price (p)	Change (%)
2021	90	0%
2022	172	90%

Table 4: Analysts' Target Prices for Rolls Royce Plc

Analyst	Target Price (p)
Barclays	150
Citigroup	145
JPMorgan	155

FAQs

Q: Why has Rolls Royce Plc's share price performed so well in the past year?
A: Rolls Royce Plc's share price has performed well in the past year due to the company's strong financial performance and its positive outlook for the future.

Q: What are Rolls Royce Plc's growth opportunities?
A: Rolls Royce Plc has a number of growth opportunities, including in the civil aerospace, defense, marine, and energy sectors.

Q: What are the risks to Rolls Royce Plc's share price?
A: The main risks to Rolls Royce Plc's share price include the impact of the global economy on its customers, the development of new technologies that could disrupt its business, and the company's ability to execute its growth strategy.

Q: Is Rolls Royce Plc a good investment?
A: Rolls Royce Plc is a good investment for investors who are looking for a long-term growth stock with a strong track record and a positive outlook for the future.

Q: What is the target price for Rolls Royce Plc's share price?
A: Analysts have set a target price of 150p per share for Rolls Royce Plc's share price.