Airbus Shares Experience a 6.5% Decline Over the Week
Airbus shares closed the week of January 27 to 31 at 193.40 euros, down by 6.46%. This correction occurred in a turbulent market context, even though the European aircraft manufacturer announced several significant commercial contracts. Analysts maintain their bullish outlook despite this weekly decline.
Significant Commercial Successes
The European aircraft manufacturer recorded several commercial successes during the week. On January 28, Delta Air Lines placed a firm order for 31 latest-generation aircraft, divided between 16 A330-900s and 15 A350-900s. This order was formalized in Toulouse and strengthens the group's position in the wide-body aircraft segment. On the same day, Airbus Defence and Space signed a marketing agreement with Hisdesat for the imagery and applications of the future PAZ-2 radar satellites. This agreement, concluded at the European Space Conference in Brussels, extends and expands a partnership established in 2018 in the field of Earth observation. These announcements reflect the commercial dynamism of the group, both in the civil market and in the space and defense sector, with the next financial appointment scheduled for February 19 with the publication of the 2025 annual results.
Weekly Decline Affects Short-Term Trend
The weekly decline brings the price well below the 20-day moving average set at 208.45 euros, signaling a deterioration in the short-term trend. The Relative Strength Index at 18 points indicates a pronounced oversold situation, with the RSI having dropped well below the 30 threshold, which reflects strong selling pressure but also suggests a potential for technical rebound. The monthly volatility of 6.67% confirms the significant fluctuations observed recently. In this context, research offices maintain their positive recommendations on the stock. Morgan Stanley reaffirmed its 'overweight' recommendation on January 28, slightly raising its price target from 250 to 252 euros. JP Morgan maintained the same recommendation while adjusting its target from 255 to 240 euros, representing a potential upside of about 24% compared to the weekly closing level. Over one year, the stock still shows a positive performance of 16.93%, despite a correction of 7.2% over three months.
