Rolls-Royce: UBS raises target price
(CercleFinance.com) - UBS maintains its Buy rating on the share, raising its target price for it to 1000 pence (from 640 pence).
This new TP gives the stock 24% upside potential.
We are raising our target price to 1000 pence and are modelling cash flow of £5.4bn in 2028, above forecasts of £4.2bn to £4.5bn, UBS says.
For FY 2025, the British engine manufacturer now targets current operating income of £2.7bn to £2.9bn.
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