Accueil > Actualité
Actualite financiere : Actualite bourse

Airbus: Oddo reiterates rating before recovery plan

( - The government is due to present its recovery plan for the French aviation industry on Tuesday 9 June.

Oddo says that the first measure aims to encourage airlines to replace their planes that are more than 20 years old.

The second measure would be the setting up of a support fund dedicated to SMEs and ETIs, the broker says.

It adds that the other part of the plan would consist of measures to safeguard certain jobs. The system of partial unemployment would thus be extended until the end of 2020, budgets would be allocated to upstream research with an environmental angle to them.

Oddo reiterates its buy rating on the share, along with its target price of 74 euros (based on conservative assumptions in terms of FCF trends and less than 2% medium-term growth in air traffic.

The positioning and quality of Airbus' products are clearly not priced in at present, Oddo adds.

Copyright (c) 2020 All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.




Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.