(News Bulletin 247) – BofA announced on Monday that it has added Airbus stock to its list of best investment ideas in Europe for the second quarter.
The analyst believes that the continued normalization of supply chains, the strengthening of the wide-body market, the reopening of China and the dynamism of the A320 family should favor a revaluation of the title in the run-up to the Paris Air Show. .
The intermediary adds that the title is traded on the basis of a 2025 PER of around 11x, a level which he considers too low for a leader controlling 60% of the market in single-aisle cars, with the prospect of possible redistributions. medium-term capital.
Bank of America, when buying, displays a target price of 200 euros.
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