Royal Bank Of Canada Reiterates "Outperform" Rating for Rolls-Royce Holdings plc (LON:RR)

Royal Bank of Canada has reaffirmed its "Outperform" rating for Rolls-Royce Holdings plc (LON:RR), setting a price target of GBX 1,600, indicating a potential upside of 9.36%. This aligns with the overall "Moderate Buy" consensus from analysts, with an average target price of GBX 1,491.83. Rolls-Royce shares recently traded up 6.0% to GBX 1,463, following a quarter where the company reported GBX 22.17 EPS and robust net margin and return on equity.