Airbus: 'visibility called into question,' according to Oddo
(CercleFinance.com) - Oddo BHF has reviewed the Airbus Group this morning, while the head of the European aircraft manufacturer, Tom Enders, in addition to the head of the group's main division - Airbus Commercial - are set to leave the group.
"The stock's high visibility is called into question," the research report is entitled, which confirms the group's "neutral" rating on the stock, maintaining its target price of 75 euros.
Confirming the press reports, Airbus Group has announced that Fabrice Brégier, COO and head of the civil aviation division, as well as the group's executive chairman, Tom Enders, will respectively step down in February 2018 and April 2019.
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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.
"The stock's high visibility is called into question," the research report is entitled, which confirms the group's "neutral" rating on the stock, maintaining its target price of 75 euros.
Confirming the press reports, Airbus Group has announced that Fabrice Brégier, COO and head of the civil aviation division, as well as the group's executive chairman, Tom Enders, will respectively step down in February 2018 and April 2019.
Copyright (c) 2017 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.