Risers and Fallers

FTSE 100 movers: Rolls-Royce rallies on Citi note; retailers slump

By Michele Maatouk

Date: Monday 17 Aug 2026

(Sharecast News) - London's FTSE 100 was down 0.1% at 10,739.27 in afternoon trade on Monday.

Rolls-Royce rallied as Citi hiked its price target on the stock to 1,647p from 1,101p as it "materially" upgraded its long-term profit and cash flow forecasts by 30- 40% following "very strong" first-half results.

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