Airbus: altitude question







Photo credit © Air France

(Boursier.com) — Airbus camped below 130 euros this Wednesday, while SocGen adjusted the target from 152 to 153 euros with an opinion which remains to buy. Goldman Sachs had previously raised the cursor on the aeronautical group from 146 to 147 euros with a buyer’s opinion, while the group announced this summer an operating profit higher than market expectations in the second quarter, while confirming its objectives financial for the year, but by… reducing its production objective to a single target for 2026. Over the period from April to June, turnover thus rose by 24% to 15.9 MdsE. Adjusted earnings before interest and taxes stood at 1.84 billion euros in the second quarter, up 34%.

Among the other brokers’ opinions, Citi had adjusted the target to 159 euros, while remaining a purchase on the aircraft manufacturer and BNP Paribas Exane had revalued the file from 159 to 162 euros with an opinion of ‘outperform’.


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