The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
American Airlines up 9% IAG 5% and yet we are not going up. Rolls always used to follow trend with airline stocks
JPM earnings out 2% down premarket let them go down
IAG, Delta and American Airlines up 6% premarket
DJ Delta Air Lines Stock Is Flying. The Travel Rebound Is Taking Off. -- Barrons.com https://news-static.webullfintech.com/us/news-html/20220413/50150995.html?theme=1&hl=en&color=2&_v=1&tickerId=913255803&disSymbol=AAL&sp=0&hl=en
Post rights issue :
28-Sep-20 JP Morgan Cazenove Underweight 80.00 65.00 Reiteration -> Stock rallied from 35p -> 133p right after see chart.
17-Aug-21 JP Morgan Cazenove Neutral 105.00 130.00 Reiteration -> Stock rallied from 101p -> 146p in under 10 days see chart for yourself
14-Dec-21 JP Morgan Cazenove Neutral 150.00 140.00 Reiteration -> Stock went from 112p -> 130p in few days and then fell more because of Omicron
I won't waste my time. But open daily chart and see how many times they were right. I see 0. Correct me otherwise
12-Apr-22 JP Morgan Cazenove Underweight 140.00 75.00 Downgrade
14-Dec-21 JP Morgan Cazenove Neutral 150.00 140.00 Reiteration
17-Aug-21 JP Morgan Cazenove Neutral 105.00 130.00 Reiteration
28-Sep-20 JP Morgan Cazenove Underweight 80.00 65.00 Reiteration
28-Aug-20 JP Morgan Cazenove Underweight 90.00 80.00 Reiteration
27-Jan-20 JP Morgan Cazenove Underweight - 475.00 Reiteration
12-Aug-19 JP Morgan Cazenove Underweight 600.00 600.00 Reiteration
17-Jul-19 JP Morgan Cazenove Underweight - 650.00 Reiteration
28-Jun-19 JP Morgan Cazenove Underweight - 650.00 Reiteration
20-Jun-19 JP Morgan Cazenove Underweight 650.00 650.00 Reiteration
Sorry but don't be vague. When you say "many" name them?, I don't see "many" underweights in last 5-10 ratings going back from this month.
06-Apr-22 Deutsche Hold 130.00 110.00 Reiteration
28-Feb-22 Berenberg Bank Buy - 160.00 Reiteration
25-Feb-22 Deutsche Hold - 130.00 Reiteration
16-Feb-22 Berenberg Bank Buy - 160.00 Reiteration
08-Feb-22 Deutsche Hold - - Reiteration
25-Jan-22 Deutsche Hold - 116.00 Reiteration
19-Jan-22 Morgan Stanley Equal-weight 134.00 132.00 Reiteration
10-Jan-22 Citigroup Buy 157.00 177.00 Reiteration
14-Dec-21 JP Morgan Cazenove Neutral 150.00 140.00 Reiteration
go to brokerage rating section here and see history. Every rating they gave for RR was underweight lol
".. there is no guarantee of good profits.."
Well there is no guarantee you wont get hit by a car going back home.
Are they mad? Do they realize RR makes most of its revenue from civil aerospace which are already out there and racking hours as flights are increasing?
JPM said that following the company's announcement earlier this year of a new reporting structure, it has taken a deeper look into the new division, 'New Markets', which focuses on electrical power for small aircraft and on small modular reactors.
"In our view, 'New Markets' offers good long-term sales potential but there is no guarantee of good profits and it might even be loss-making into the 2030s," it said.
Irony : https://www.ig.com/uk/news-and-trade-ideas/rolls-royce-share-price-target-boosted-by-jpmorgan-210817
“The analysts lifted their price target on the aviation engineer’s stocks to 130pence a share from 105p, while raising their earnings forecasts over the next three years jump by 49%, 31% and 25% respectively.”
I will look at fundamentals and ride this confidently.
Covid is gone
Travel rebounding
Pent up summer bookings
We are trading at Covid levels and demand zone 85-93p. I just can’t comprehend downs trend on a stock that is trading at cheap valuations.
I doubt it. They gave underweight rating from 80p to 65p on Sept 2020. And we rallied to 130p as soon as share dilution happened.
I hate when brokers give ratings with no justification.
fingers crossed.
These price targets and analysts are a joke seriously . I sometime wonder how / where they pull these numbers from?
Deutsche Bank cuts Rolls-Royce price target to 110 (130) pence - 'hold'