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Airbus Group SE: Strong Deliveries and Robust Demand Justify Buy Rating

Airbus Group SE: Strong Deliveries and Robust Demand Justify Buy Rating

Jefferies analyst Chloe Lemaire has maintained their bullish stance on EADSF stock, giving a Buy rating on November 5.

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Chloe Lemaire’s rating is based on several positive indicators for Airbus Group SE. The company reported 78 deliveries in October, marking a 26% increase compared to the previous year, which aligns with Jefferies’ estimates. This growth in deliveries is a positive sign, reflecting the company’s strong operational performance.
Additionally, Airbus recorded 112 firm orders in October, with only one cancellation, indicating robust demand for its aircraft. The year-to-date net book-to-bill ratio stands at 1.1x, with widebody aircraft showing an impressive 3.1x ratio. These factors collectively suggest a strong market position and potential for continued growth, justifying the Buy rating.

Lemaire covers the Industrials sector, focusing on stocks such as Airbus Group SE, MTU Aero Engines, and Rheinmetall. According to TipRanks, Lemaire has an average return of 37.6% and an 87.01% success rate on recommended stocks.

In another report released on November 5, Deutsche Bank also maintained a Buy rating on the stock with a €228.00 price target.

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