Barclays Raises Target Price for Airbus
The British investment bank Barclays has significantly raised its target price for Airbus from 185 to 220 euros. The rating remains at “Overweight,” which in this context means that Barclays sees more growth potential in Airbus shares compared to other companies in the same index.
Positive Outlook in the Service Business
A key reason for this upgrade is the booming service business of the aircraft manufacturer, which is seen as a crucial growth driver. Analyst Milene Kerner from Barclays emphasizes that this positive development is particularly supported by the increasing production of A320 jets.
Challenges with the A350
Despite the positive outlook for the service business, Airbus still faces challenges, particularly with the A350 model. However, these turbulences cannot diminish the overall attractiveness of Airbus as an investment opportunity.
Strategic Value of the Service Business
The strategic importance of the after-sales service business for Airbus is further underscored by Barclays’ assessment. The service sector makes a significant contribution to profitability and is thus a crucial factor for the positive share price development of Airbus.