The CAC 40-listed Airbus Group SE (FR:AIR) received multiple Buy ratings from analysts over the last week, signalling more upside in the share price. The positive outlook from analysts was mainly driven by the company’s strong order growth and deliveries of aircraft. The company is gearing up to increase its production and achieve delivery targets despite challenges in the post-pandemic supply chain impacting output.
This move is in response to broader industry demand as airlines recover from pandemic setbacks and look for fleet replacements. Overall, the stock has received a Moderate Buy rating from analysts on TipRanks.
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