Airbus: UBS raises target price
(CercleFinance.com) - UBS has reinstated its "buy" rating on pan-European aircraft manufacturer and defense group Airbus, raising its target price for the share from 124 euros to 130 euros, meaning upside potential estimated at 34%.
In its research report entitled "Ten Billion Dollar Baby," the broker says, "We raise our 2021-22 EPS by 10% pa as we see higher volume, pricing and cost opportunity."
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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.
In its research report entitled "Ten Billion Dollar Baby," the broker says, "We raise our 2021-22 EPS by 10% pa as we see higher volume, pricing and cost opportunity."
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.