DBS analyst Jason Sum has maintained their bullish stance on EADSF stock, giving a Buy rating today.
Jason Sum has given his Buy rating due to a combination of factors including Airbus Group SE’s strong financial performance and strategic positioning in the aerospace industry. The company exceeded expectations with its fourth-quarter earnings, driven by increased aircraft deliveries and improved pricing, which contributed to a significant rise in revenue and EBIT.
Despite some near-term challenges such as supply chain bottlenecks and charges related to space programs, Airbus’s long-term outlook remains promising. The company is well-positioned with a robust product lineup and a focus on innovation, including plans for a zero-emission aircraft by 2035. Additionally, Airbus’s strong cash position and credit rating provide flexibility for mergers and acquisitions or increased shareholder returns, supporting the Buy recommendation with a target price of EUR 200.
Sum covers the Industrials sector, focusing on stocks such as GE Aerospace, Boeing, and RTX. According to TipRanks, Sum has an average return of 6.7% and a 56.10% success rate on recommended stocks.
In another report released today, J.P. Morgan also maintained a Buy rating on the stock with a €180.00 price target.