RE: Deutsche Bank raises Rolls-Royce price target to 310 (210) pence - 'buy'17 Nov 2023 20:32
[Svend] - spot on again mate. As you will be well aware, the summation of Brexit and Covid held any travel stock back to a degree that they are only just paying off loans. TUI paying back the Germany loan is case in point.
We've then had Ukraine and now Gaza. Uncertainty is rife, but I will no be swayed with my idea that RR (as well as other UK stocks are about 30% of true worth).
A clear path (no horrible external instigating factors) will allow FTSE stocks to get true worth.
And, as I might have mentioned before, RR is a 70bln MCap now (not in Feb 2025), but I'll wait for the catch up to get me there 😂