Airbus: Mainfirst maintains buy rating
(CercleFinance.com) - After Airbus' Q3 results, Mainfirst maintains its buy rating on the stock.
The analyst bases this rating on management's "robust" plan, as well as Airbus' order book, which will increase in Q3 2021 with the order of 47 A320s.
With its dominant position in the aerospace market and in the narrow-body segment, Airbus will be well positioned to take advantage of the post-covid air transport rebound, Mainfirst says, which has a target price of 90 euros price for the share (31% upside potential).
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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 analyst bases this rating on management's "robust" plan, as well as Airbus' order book, which will increase in Q3 2021 with the order of 47 A320s.
With its dominant position in the aerospace market and in the narrow-body segment, Airbus will be well positioned to take advantage of the post-covid air transport rebound, Mainfirst says, which has a target price of 90 euros price for the share (31% upside potential).
Copyright (c) 2020 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.