RBC Europe has highlighted Rolls-Royce’s recovery from a challenging decade, noting strong growth prospects in both civil narrowbody and widebody aircraft engines. The London-listed company also sees opportunities in its power systems segment, projected to grow around 10% annually in the midterm. RBC Europe anticipates continued earnings outperformance and upward revisions, starting coverage of Rolls-Royce stock with an “outperform” rating and a price target of £12.75. Shares closed at £10.95 on Monday.