Goldman Sachs reinstated coverage of Rolls-Royce with a Buy rating and 370 GBp price target. The analyst sees cash and earnings momentum going forward for the company, mainly driven by mix tailwinds in civil aerospace.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on RYCEY:
- Rolls-Royce upgraded to Outperform from Neutral at Oddo BHF
- Rolls-Royce price target raised to 310 GBp from 210 GBp at Deutsche Bank
- Rolls-Royce upgraded to Overweight from Equal Weight at Morgan Stanley
- Rolls-Royce upgraded to Overweight from Equal Weight at Barclays
- Rolls-Royce to cut 2,500 positions, Sky News reports
Questions or Comments about the article? Write to editor@tipranks.com