Will going nuclear drive the Rolls-Royce share price even higher? Our writer considers how the UK government’s desire for greater nuclear power capacity might impact the Rolls-Royce share price. I’ve long believed that the Rolls-Royce (LSE:RR.) share price is expensive. Analysts are forecasting earnings per share of 15.8p in 2024. This means the stock currently has a forward price-to-earnings ratio of 29. Compare this to, for example, RTX, the world’s largest aerospace and defence company. Its stock trades on a … read more »

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