JPMorgan Ups Rolls-Royce Price Target to GBX 1,800

Rolls-Royce Holdings plc (LON:RR) received an upgrade to its price target from JPMorgan Chase & Co. The new target is GBX 1,800, which represents a potential upside of 19.46% from the company's current price.

The upgrade comes as part of a series of revisions and reaffirmations by various analysts. Berenberg Bank recently raised its price objective on Rolls-Royce Holdings plc to GBX 1,430, while Deutsche Bank Aktiengesellschaft reiterated its 'buy' rating with a target of GBX 1,325.

On the other hand, Royal Bank Of Canada restated an 'outperform' rating and set a price target of GBX 1,600. Jefferies Financial Group also reaffirmed its 'buy' rating with a target of GBX 1,870.