Rolls-Royce Holdings PLC

RR.: XLON (GBR)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	GBX 186.00	Plbbgw	Pndbhcqs

Rolls-Royce: Increasing Our Fair Value Estimate Following Strategic Review

Loredana Muharremi

Dec 1, 2023

At its Capital Market Day on Nov. 28, narrow-moat Rolls-Royce presented an in-depth view of its latest strategy and medium-term objectives. Based on the quicker-than-anticipated recovery of wide-body engine flying hours and improved profitability in both the civil aviation and power system sectors, we've increased our fair value estimate for the company from GBX 223 to GBX 289.

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