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Now the stock can soar well above 200 euros!
Airbus is one of the largest defense companies in Europe. A 700 billion euro peace package and increased national defense spending support demand.
Reading Time: 1 minute
My previous scenario for Airbus was that the stock will rise to €200 in the medium term. The easing of supply chain issues should lead to an increase in monthly production rates for the A320 family. As a result, more jets will be delivered, and EPS will rise towards €10 euros. Given its market-leading position, a P/E ratio of at least 20 is fair. I can now imagine that the stock could run "well above" €200 because, in addition to the commercial aircraft business, the defense sector is expected to boom in the coming years and will contribute...
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