Rolls-Royce (RR)
About Rolls-Royce
What is Rolls-Royce?
Rolls Royce is a British engineering company that designs, manufactures, and sells various systems for the aviation, marine, and energy industries. Founded in 1906 and headquartered in London, Rolls Royce is one of the world’s biggest manufacturers of engines for commercial and military aircraft.
Rolls Royces also produces luxury cars under a subsidiary called Rolls-Royce Motor Cars. It designs, manufactures, and sells luxury vehicles for customers worldwide. It is worth noting that Rolls-Royce Motor Cars is a separate business from the main Rolls-Royce holdings.
How does Rolls-Royce make money?
It makes money by selling its systems and services to aviation, marine, and energy customers. Most of its revenue is generated through the sale of engines. It offers a range of products and services, including aircraft engines, marine propulsion systems, nuclear power systems, and gas turbines.
What is Rolls-Royce’s best selling product?
Rolls Royce’s biggest revenue driver is its civil aerospace division. This division includes the Trent Famil of engines which are commonly used in commercial aircraft. The Trent engines power aircraft such as the Airbus A380 and the Boeing 747-8.
In 2022, Rolls Royce’s civil aerospace division generated $6.6 billion in revenue, which is over half of its total revenue.
Who are the key executives at Rolls-Royce?
Tufan Erginbilgic is the current CEO of Rolls-Royce. Here are a few other members of its executive team.
- Panos Kakoullis. CFO & Exec. Director
- Tufan Erginbilgic. CEO & Exec. Director
- Grazia Vittadini. Chief Technology Officer
- Isabel Green. Head of Investor Relations
- Mark Gregory. Gen. Counsel
- Richard Wray. Director of External Communications & Brand
- Sarah Armstrong. Chief People Officer
- Edward Pease . Sr. VP of America
- Robert Watson. Pres of Electrical
- Kishore Jayaraman. Pres of Rolls-Royce – India & South Asia
Where can I buy shares in Rolls-Royce?
You can buy Rolls-Royce stock on a stock trading platform. These platforms are extremely simple to use but there are different options to suit your specific needs. If you are a first-time investor you might want to use a trading platform for beginners, while if you plan on doing a lot of trading from your phone, a stock trading app might be best.
Are there any other ways to invest in Rolls-Royce?
The simplest way to invest in Rolls-Royce is to buy shares through a stock broker. However, you can also invest through an ETF or a fund. The best ETFs allow you to invest in the stock market more generally rather than focus on one company.
Rolls-Royce is part of the London Stock Exchange, so you can invest in an ETF that tracks that index, or choose an airline ETF that lets you own a basket of related stocks from the same industry.
More about the RR price
What is the Rolls-Royce stock price today?
The RR stock price today is currently 148.08p as of 29 March, 2023. The price of Rolls-Royce is up 33.33% over the past 52 weeks. You can use the live Rolls-Royce stock chart to track the LON:RR price in real time above, or compare the Rolls-Royce value today to its past performance using the Rolls-Royce financials tab at the top of this page.
What is the 52-week low for Rolls-Royce stock?
The 52-week low for Rolls-Royce stock is 64.44p. RR stock is currently 130.20% above the 52-week low.
What is the 52-week high for Rolls-Royce stock?
The 52-week high for Rolls-Royce stock is 239.70p. RR stock is currently 38.63% below the 52-week high.
What is the stock forecast for Rolls-Royce?
The average Rolls-Royce stock forecast has a price target of 152.06 by the end of 2023. Rolls-Royce’s latest financial results, the broader economic outlook, and the amount of competition in the industry all influence these forecasts.
It’s best to take analyst forecasts with a grain of salt but you can use their estimates to help you understand the weight of opinion about a stock.
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