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4 reasons the Rolls-Royce share price might be headed to £24

4 reasons the Rolls-Royce share price might be headed to £24

Woman riding her old fashioned bicycle along the Beach Esplanade at Aberdeen, Scotland.
Image source: Getty Images

The Rolls-Royce (LSE: RR.) share price has developed an impressive knack of doubling in value (or close) in periods of 12 months lately. Could the stock achieve yet another 100% increase in the near future? The chances, in my opinion, come down to four possible reasons that could propel the shares to surge yet higher:

  • 1) A swift resolution to the awful goings on in the Middle East

  • 2) A continuation of the seemingly unstoppable rise of artificial intelligence

  • 3) NATO countries following through on proposed increases in defence spending

  • 4) More progress on the building out of SMRs (mini nuclear power stations)


Let’s take a quick look at each of these and how likely they are.

The big…

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