14.05.2014 - Airbus soars on corporate report
The stock price of aircraft manufacturer Airbus has started to grow after a slight decline in shares on the background the cancellation of a number of aircraft orders from the French, American and Russian companies. The reason for the growth in demand for the company's shares has become speculations around the revision of military policy in the EU and the U.S., which could lead to an increase in orders for military aircraft versions.
In addition, investors reacted positively to the fact that the profit of the Aerospace Corporation in the last quarter fell to 700 million euros from 734 million euros in the same period of the last year, the forecast of declining was at the level of 658.7 million euros.
We expect a price increase by 10% to 20 dollars per share in the medium term.