Friday, August 5, 2022

Barron's: Airbus Is a Steady Stock for Turbulent Times. Why It Could Soar 35%.

 By SIMON CONSTABLE

Airbus is ready for takeoff. Investors in the European aerospace company could see gains of more than 35% over the next 12 months as the company boosts production amid surging demand, analysts say.

“Airbus is on a very strong growth trajectory regardless of a recession and postpandemic normalization,” says Colin Scarola, an analyst at financial research company CFRA. He sees the stock (ticker: AIR.France) rising to 140 euros ($143) over the next year, up 35% from its recent level of €104. Plus, the stock yields a 1.4% dividend currently. U.S.-based investors could consider buying the American depositary receipts (EADSY.) Read more here.


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