Dassault Aviation: Oddo confirms target price
(CercleFinance.com) - Oddo analysts maintain their neutral rating on Dassault Aviation with a price target of 1300 euros.
Oddo highlights surprisingly dynamic deliveries in 2017, with 49 new Falcons, against 45 anticipated, including 32 deliveries in the second half of the year alone.
The broker says that in addition, the company has a good product mix and that these factors should lead the consensus to raise its initial 2017 EBIT estimate by about 10%.
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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.
Oddo highlights surprisingly dynamic deliveries in 2017, with 49 new Falcons, against 45 anticipated, including 32 deliveries in the second half of the year alone.
The broker says that in addition, the company has a good product mix and that these factors should lead the consensus to raise its initial 2017 EBIT estimate by about 10%.
Copyright (c) 2018 CercleFinance.com. 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.