Airbus Stock Rises After Hitting Yearly Low
On Thursday morning, February 5, Airbus stock has slightly increased by 0.31%, reaching 188.84 euros. This modest rise occurs amidst active trading with new contracts announced, while analyst recommendations have recently been downgraded by several financial institutions. Nevertheless, the European aircraft manufacturer hit its annual low earlier today at 187 euros.
Analyst Recommendations Adjusted
On February 2, Jefferies and Goldman Sachs adjusted their outlooks on Airbus. Jefferies downgraded its recommendation from 'buy' to 'hold', reducing its price target from 230 to 215 euros. However, this target remains 13.8% above the current stock price. Goldman Sachs continues its positive 'buy' recommendation but lowered its price target from 250 to 240 euros, representing a potential appreciation of 27.1% from today's price. These revisions reflect a more cautious approach by analysis houses due to operational challenges and recent volatility in the aerospace sector. Investors are now awaiting the publication of the 2025 annual results scheduled for February 19, which should provide further clarity on the manufacturer's medium-term outlook.
Technical Analysis and Business Developments
Technically, the stock is trading below its 50-day moving average of 201.24 euros, indicating a short-term bearish trend. The Relative Strength Index (RSI) is extremely low at 9, signaling a pronounced oversold condition that could theoretically favor a technical rebound. Concurrently, the European aircraft manufacturer continues its commercial development with the announcement of four A321neo aircraft ordered by Tigerair Taiwan on February 4, marking the Taiwanese company's first order for this model. Additionally, Airbus and the Singaporean defense agency have completed collaborative trials linking an H225M piloted helicopter with an autonomous Flexrotor drone, showcasing the group's technological advances in the military field. These developments indicate sustained activity, although the stock remains under pressure in an uncertain market environment.
