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Will Rolls-Royce share price hit 1,250p as Goldman Sachs predicts?
['Crispus Nyaga']
Invezz
Rolls-Royce share price has been in a strong rally this year and is trading at a record high of 1,150.
Goldman Sachs is bullish on the Rolls-Royce share priceCopy link to sectionRolls-Royce stock price received a major boost last week when Goldman Sachs analysts boosted their estimate.
In a statement, the analysts noted that the stock would jump by about 9% to 1,250 in the near term.
RR has key catalystsCopy link to sectionThe Rolls-Royce stock price rally could continue because of its numerous catalysts.
Rolls-Royce stock price technical analysisCopy link to sectionRR stock price chart | Source: TradingViewThe other bullish catalyst for the Rolls-Royce stock price is that it has become a momentum play.
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