Airbus: one of BofA's 25 best stocks for 2025

(CercleFinance.com) - Bank of America announced on Monday that it had raised its target price for Airbus shares from E180 to E187, while renewing its buy recommendation on the stock, which it has decided to include amongst its 25 best investment ideas for 2025.


The US investment bank says it shares the view of the aircraft manufacturer's management that aircraft deliveries could return to pre-Covid levels 'in the near future'.

BofA adds that investors' attention will increasingly be drawn to the positive effect of the euro's depreciation vs. the dollar, a trend that will benefit the group's business.

Finally, while it does not expect to implement a multi-year share buyback program, the New York-based firm believes that Airbus' cash position of over E11.5bn at end-2024 should facilitate the acquisition of new shares.


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