RBC Capital initiated coverage of Rolls-Royce (RYCEY) with an Outperform rating and 1,275 GBp price target The company has turned around its performance in the last few years while the the next generation Ultrafan offers upside from here, the analyst tells investors in a research note.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RYCEY:
- Rolls-Royce price target raised to EUR 1,280 from EUR 1,275 at Morgan Stanley
- Positive Outlook for Rolls-Royce Holdings Amidst Strategic Growth and Robust Demand
- Rolls-Royce upgraded to Hold from Sell at Berenberg
- “Succeed the 737 MAX” Boeing Stock (NYSE:BA) Slips With New Aircraft Coming
- Boeing NGSA timeline remains 2035-plus, says Jefferies