Jefferies analyst Chloe Lemaire has maintained their bullish stance on EADSF stock, giving a Buy rating today.
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Chloe Lemaire’s rating is based on Airbus Group SE’s strong performance in the second quarter, particularly driven by the Defense and Space (D&S) segment, which showed a notable recovery in underlying margins. Despite some challenges in the commercial sector with volume and mix headwinds, the overall results were positive, surpassing expectations by 8%.
Additionally, the production of gliders increased by 12% year over year in the first half, which is seen as a supportive factor. The company has also reiterated its full-year guidance, even though there was a slight negative impact from hedge rates. These factors collectively contribute to the Buy rating for Airbus Group SE’s stock.
In another report released today, RBC Capital also maintained a Buy rating on the stock with a €190.00 price target.