(CercleFinance.com) – Airbus climbed into the green with a gain of less than 1% and thus outperformed the trend in Paris, helped by favorable comments from Stifel, which reiterated its ‘buy’ recommendation with a price target raised by 14% to 160 euros on the title of the aircraft manufacturer.
According to the broker, ‘Airbus offers strong EPS growth at reasonable multiples, good cash flow beyond 2023 with a leading position in a duopolistic market and low reinvestment needs’.
Similarly, Bank of America confirms its ‘buy’ recommendation with a price target raised from 185 to 200 euros, while Oddo BHF maintains its ‘outperformance’ opinion, with a price target raised from 139 to 145 euros.
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