Rolls-Royce: UBS raises its price target
(CercleFinance.com) - UBS remains Buy on the share and has raised its target price to 1000 pence (from 640 pence).
This new target highlights a potential upside for the stock of 24%.
We are raising our target price to 1000 pence and modeling a cash flow of £5.4 billion in 2028, above forecasts of £4.2 to £4.5 billion' says UBS.
For the 2025 financial year, the British engine manufacturer is now targeting current operating income of between £2.7 and £2.9 billion.
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