Airbus: Deutsche Bank lowers its price target
(CercleFinance.com) - Deutsche Bank announced on Monday that it has lowered its target price for Airbus from E187 to E183, while reiterating its buy recommendation on the stock.
Following last week's 2024 annual results published the aircraft manufacturer, the broker said that it has reduced its 2025-2027 earnings estimates for the group to take account of the forthcoming integration of Spirit's activities.
We remain convinced of the Group's ability to continue generating FCF, with the possibility of implementing a bolder capital allocation policy, the analyst says.
At the same time, production of the A220 family should continue to increase in 2025, while A320 production should also accelerate between now and H1, with the improved availability of CFM engines.
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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 information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
Following last week's 2024 annual results published the aircraft manufacturer, the broker said that it has reduced its 2025-2027 earnings estimates for the group to take account of the forthcoming integration of Spirit's activities.
We remain convinced of the Group's ability to continue generating FCF, with the possibility of implementing a bolder capital allocation policy, the analyst says.
At the same time, production of the A220 family should continue to increase in 2025, while A320 production should also accelerate between now and H1, with the improved availability of CFM engines.
Copyright (c) 2025 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.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.