Rolls-Royce to step up inspections of Trent 1000 engines

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The stock decreased 1.63% or GBX 14.4 during the last trading session, reaching GBX 866.8.Rolls-Royce Holdings plc is after having 0.00% since April 14, 2017.

WARNING: "Rolls-Royce (RR) Stock Rating Reaffirmed by Goldman Sachs" was posted by The Lincolnian Online and is the property of of The Lincolnian Online. On Thursday, March 8 the firm has "Neutral" rating by JP Morgan given. Three research analysts have rated the stock with a sell rating, five have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company.

The stock of ROLLS ROYCE HOLDINGS PLC ORDINARY SHARES (OTCMKTS:RYCEF) registered an increase of 4.53% in short interest. In Friday, November 24 report Goldman Sachs maintained it with "Conviction Buy" rating and GBX 1208 target. On Wednesday, March 7 the stock of Rolls-Royce Holdings plc (LON:RR) has "Hold" rating given by Liberum Capital. "According to MarketBeat, Rolls-Royce now has a consensus 'hold" rating and an average price target of 939.82p.

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Rolls-Royce Holdings plc is a provider of an integrated power and propulsion solutions.

Rolls-Royce Holding PLC (LON:RR) was upgraded by equities research analysts at Goldman Sachs Group, Inc.

The business also recently declared a dividend, which will be paid on Monday, July 2nd. This is an increase from Rolls-Royce's previous dividend of $4.60. The ex-dividend date is Thursday, April 26th. The stock was purchased at an average cost of GBX 883 ($12.48) per share, for a total transaction of £980.13 ($1,385.34). The stock was bought at an average cost of GBX 929 ($13.13) per share, for a total transaction of £2,638.36 ($3,729.13). If you are reading this report on another domain, it was copied illegally and reposted in violation of U.S. and worldwide copyright laws.

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Rolls-Royce has warned that it needs to carry out more frequent inspections of its Trent 1000 aircraft engines, raising the prospect of disruption for airlines such as British Airways and Virgin Atlantic and resulting in higher costs for the company. The firm operates through Civil Aerospace, Defence Aerospace, Power Systems, Marine, and Nuclear divisions.

The aerospace and engineering giant said it had chose to carry out more checks on the 380 engines now in service with airlines from the "package C" tranche of production, the majority of the 500 in operation.

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