Airbus: UBS still a buyer; welcomes appointments
(CercleFinance.com) - UBS reinstates its "buy" rating on the Airbus stock, along with its target price of 130 euros, which represents upside potential of 43%, with the broker highlighting appointments at the aircraft manufacturer, which are "reinforcing the strong opportunities ahead".
"Airbus has appointed a very solid, well regarded CFO and an automotive veteran as COO. We think both are very good news for the underlying story."
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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.
"Airbus has appointed a very solid, well regarded CFO and an automotive veteran as COO. We think both are very good news for the underlying story."
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.