Rolls-Royce Stock Price Could Triple in Best Case, UBS Says
- Stock can reach £6 if firm can match rivals’ margins
- Rolls is the top performer on the Stoxx 600 index this year
The Rolls-Royce aircraft jet engine production and repair facility in Blankenfelde, Germany.
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This year’s best performer in the Europe Stoxx 600 Index has the scope to triple in the best-case scenario, according to analysts at UBS Group AG.
Rolls-Royce Holdings Plc could surge to £6 a share if the UK jet-engine maker achieves profit margins closer to those of France’s Safran, analysts Ian Douglas-Pennant and Kseniia Maslova wrote in a note.