Airbus shares: Strong third quarter results drive share price rise – dax_mdax – Börsennachrichten

Airbus shares showed notable strength in recent XETRA trading, rising 1.5% to €147.32. This upward momentum is supported by impressive third quarter financial results, with the aerospace giant reporting a 5.32% increase in revenue to €15.69 billion. The company’s earnings per share showed significant improvement, rising to €1.24, compared to €1.02 last year. Adding to investor optimism, Airbus has revised its dividend forecast for the current year upwards to €2.16, reflecting growing confidence in the company’s financial performance.

Analysts Project further growth

Market experts maintain a positive outlook for Airbus shares and set an average price target of €161.00. This projection indicates substantial upside potential, with room for more than 17% growth from current levels to reach a 52-week high of €172.82. Adding to the optimistic sentiment, analysts forecast earnings per share of €5.11 for the coming financial year, underscoring the company’s strong growth trajectory in the aviation sector.

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