Airbus: RBC remains ‘outperforming’ after deliveries

( – RBC renewed its ‘outperform’ opinion and its price target of 192 euros on Airbus shares on Wednesday, the day after the announcement of the aircraft manufacturer’s latest delivery figures.

In a note, the analyst points out that the European group delivered 142 commercial aircraft during the first quarter, far ahead of its American competitor Boeing which recorded only 83 aircraft deliveries over the period.

According to the intermediary, investors’ attention should immediately focus more on the pace of deliveries rather than that of order intake, due to the already large order books posted by the two groups.

With a total order book reaching 8,626 aircraft at the end of March, including 7,171 units for the A320neo alone, RBC says it expects Airbus to continue to take market share from Boeing in the single-aisle segment. .

Copyright © 2024 All rights reserved.
The information and analyzes distributed by Cercle Finance only constitute a decision-making aid for investors. Cercle Finance cannot be held responsible directly or indirectly following the use of information and analyzes by readers. It is recommended that any uninformed person consult a professional advisor before making any investment. This indicative information does not in any way constitute an inducement to sell or a solicitation to buy.

Did you like this article ? Share it with your friends using the buttons below.





Source link -85