Rolls-Royce Share Target Raised at Jefferies Amid Aerospace and Defense Strength

Rolls-Royce Holdings plc (LON: RR) received a vote of confidence from Jefferies on Friday, as analyst Chloe Lemarie raised the firm's price target for the stock to 1,290p from 920p, reaffirming a “Buy” rating.

The upgrade is said to reflect growing optimism surrounding the company's accelerating civil aerospace momentum, broad-based aftermarket upgrades, and compelling valuations within the defense sector.

Shares of Rolls-Royce closed trading on August 1, 2025, at 1,065p. It is up around 1.6% so far on Monday, trading around the 1,081p per share mark.

The stock has demonstrated impressive gains this year and in the last 12 months, rising 90.8% and 128.6%, respectively.

Longer-term performance is even more striking. Over the last three years, the stock has delivered returns of well over 1,000%.

Rolls-Royce's recent performance has been underpinned by a robust recovery in civil aviation following the pandemic, coupled with strong execution in its civil aerospace and power systems divisions, and increased demand in the defense sector.

Lemarie told investors that the factors leading to the upgrade “offer good entry points into an attractive supercycle.”

JPMorgan, in June 2025, raised its price target for Rolls-Royce to 1,040p from 9,00p, maintaining an “Overweight” rating, citing improved earnings prospects and increased target multiples applied to free cash flow estimates.