This Monday, the Redburn office resumes coverage of Dassault Aviation, Airbus and Thales titles. JPMorgan downgrades its advice on the title of the defense electronics group. Several price target changes to note as well.
Analyst recommendations: Thales, Dassault Aviation, Airbus, Saint-Gobain, Safran, Société Générale, Axa, Technip Energies, ALD | Photo credits: Y. Bourdin/Photopointcom ©THALES
Thales : JPMorgan downgrades from “overweight” to “neutral” but maintains its price target at 160 euros. Redburn takes over the cover to “buy”.
Dassault Aviation : the same broker also takes over the follow-up of the “purchase” security. JPMorgan is now targeting 170 euros, against 160 previously.
Axa : UBS raises its recommendation from “neutral” to “buy” and targets 32.9 euros, against 27.6 previously. JPMorgan is now targeting 32 euros, against 30 previously.
Airbus : Redburn, again, takes over the cover to “buy”.
Saint Gobain : Citigroup resumes tracking to “buy” and is now targeting 55 euros.
Saffron : Redburn takes over the cover of the title of the engine manufacturer to “buy”.
Company General : Deutsche Bank adjusts its target price upwards, from 34 to 37 euros.
Technip energies : Jefferies adjusts its price target from 15 to 17 euros.
ALD : HSBC lowers its target price from 18 to 17 euros.
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