Could the Rolls-Royce share price end up hitting £20?
Just a few years ago, shares in Rolls-Royce (LSE: RR) changed hands for pennies. Since then they have been on an incredible tear. The Rolls-Royce share price now sits above £8. Some investors may be eyeing the possibility of it hitting £10.
As a long-term investor though, my eyes are on a bigger prize. I am wondering whether the share might yet get to £20 over the coming decade. If so, ought I to invest now in anticipation?
To put that into perspective, it would require a rise of around 133% in the Rolls-Royce share price. That is heady stuff, although the shares have performed stunningly in recent years.
They are already up 820% in five years, so a 133% rise seems almost modest by…
