Published On: August 16th, 2024Categories: Trade Ideas
In this report, we update our view on Rolls Royce (RR), following the recent release of solid 1H24 results and the upgrade of RR to full Investment-grade (IG) status. The FY24 outlook remains promising and we expect RR to continue to deliver robust operating and financial results, potentially opening the way for further rating upgrades over the medium-term. We therefore consider RR’s bonds as fundamentally attractive and with the potential to outperform its peers.
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