RE: 191 definitely top26 Jul 2023 14:56
Rolls-Royce is currently rated Ba3 by Moody's Investor Services, and BB- by Fitch Ratings and Standard & Poor's. These ratings are considered to be below investment grade, which means that the company's debt is considered to be more risky than that of investment-grade companies.
In order to achieve investment-grade status, Rolls-Royce would need to improve its financial performance and reduce its debt levels. The company has made some progress in this area, and it is possible that it could achieve investment grade status within the next 12-18 months.
However, there are some risks that could prevent Rolls-Royce from achieving investment-grade status. These risks include a slowdown in the global economy, a further downturn in the airline industry, or a failure to deliver on its cost-cutting targets.
Overall, the outlook for Rolls-Royce is positive, and the company is on track to achieve investment-grade status in the near future. However, there are some risks that could prevent this from happening.
Here are some factors that could help Rolls-Royce achieve investment-grade status:
Continued improvement in the global economy
A recovery in the airline industry
Delivery on cost-cutting targets
Here are some factors that could hinder Rolls-Royce from achieving investment-grade status:
A slowdown in the global economy
A further downturn in the airline industry
Failure to deliver on cost-cutting targets
Ultimately, the timing of Rolls-Royce's return to investment grade status will depend on how these factors play out.