AIRBUS : one of BofA's 25 favorite stocks for 2025
In a research note, the American investment bank says it shares the view of the aircraft manufacturer's management that aircraft deliveries could return to pre-Covid levels 'in the near future'.
BofA adds that investors' attention will increasingly be drawn to the positive effect of the euro's decline against the dollar, a dynamic that will benefit the Group's business.
Lastly, while it does not expect to implement a multi-year share buyback program, the New York-based firm believes that Airbus' cash position of over 11.5 billion euros at the end of 2024 should allow for the acquisition of new shares.
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