Is FACC a Potential Beneficiary of Drones? Breakout Opportunity at the 52-Week High!
Reading Time: 2 minutes
The stock of FACC is coming into focus as a breakout candidate after analysts at Oddo BHF upgraded their rating from Neutral to Outperform. At the same time, they raised the target price from €10 to €15.50. What else supports FACC, which is expected to have a P/E ratio of 12.5 by 2026, which according to Factset consensus, will drop to 9.8 by 2027? The backbone of modern aviation FACC from Austria has established itself as a Tier-1 system supplier for the global aviation industry. The company specializes in the development and manufacturing...
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