In a report released today, Chloe Lemaire from Jefferies maintained a Buy rating on Airbus Group SE, with a price target of €225.00.
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Chloe Lemaire’s rating is based on the anticipation of strong performance for Airbus Group SE in the upcoming quarter. The company’s recent pre-close commentary suggests that it will experience robust volumes and a favorable mix in its Commercial segment, which is expected to drive significant growth.
Additionally, the Helicopters division is projected to continue its upward trajectory, and the Defense and Space segment is expected to perform consistently year-over-year. These factors collectively contribute to an anticipated 30% increase in adjusted EBIT, with free cash flow expected to be around break-even, justifying the Buy rating.
In another report released today, Barclays also maintained a Buy rating on the stock with a €220.00 price target.