Rolls Royce Share Price Forecast: Strong Orderbook, All-time Highs, But There's An Underlying Risk

Rolls Royce Share Price Forecast: Strong Orderbook, All-time Highs, But There's An Underlying Risk

Rolls Royce share price has risen for the last eight weeks in succession and the bullish momentum is still in play. Furthermore, the stock hit all-time highs of 901p on Thursday. However, with the sharp rise comes the risk of profit taking, which could stimulate downward pressure in the near-term. Nonetheless, a deeper assessment of the company’s fundamentals signals that there’s still more headroom for its share price to keep climbing. The Aver…