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Investing.com - Deutsche Bank raised its price target on Airbus SE (EPA:AIR) to EUR228.00 from EUR209.00 on Thursday, while maintaining a Buy rating following the aircraft manufacturer’s better-than-expected third-quarter results.
The European aerospace company delivered strong performances across all financial measures, with particularly robust showings in its Helicopters and Defence & Space divisions, alongside prudent research and development management in its Commercial aircraft segment.
Airbus maintained its full-year guidance for deliveries, EBIT, and Free Cash Flow, though it announced a reduction in the A220 production rate planned for 2026, which Deutsche Bank assessed would have only a modest impact on overall performance.
Supply chain challenges persist for the aircraft manufacturer, particularly regarding engines, but the company anticipates record December deliveries in 2025 as it works through these constraints.
Deutsche Bank’s price target increase reflects Airbus’s strong performance in its non-commercial divisions and apparent confidence in commercial production ramp-up beyond 2025, with analysts now valuing Airbus Commercial against Boeing’s 3-year forward EV/EBIT multiples rather than a broader U.S. peer group.
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