{
}
UBS has upgraded Thales from Neutral to Buy, raising its target price from €160 to €330, citing the company's strong positioning in the defense sector amid a projected supercycle. Thales shares rose 2.25% to €245.50, marking a nearly 77% gain since January 1. The broker also adjusted earnings estimates for 2029, reflecting increased defense spending forecasts in Europe.
UBS has upgraded Thales from Neutral to Buy, raising its target price from €160 to €330, citing the company's strong positioning in the defense sector amid a supercycle. Thales shares rose 2.25% to €245.50, marking a 77% increase since January 1. The broker also maintained a Neutral stance on Dassault Aviation, adjusting defense export forecasts favorably for Rafale, while remaining cautious about the company's ability to capitalize on increased European defense spending.
UBS has raised its price target for BAE from 1,600p to 2,450p, citing an anticipated increase in European defense spending, projected to reach 2.8% of GDP by 2030. The firm noted that BAE, despite underperforming compared to peers, remains a top-quality defense company with significant market potential. Analysts believe that changing investor perceptions and geopolitical factors will further boost defense budgets across Europe.
Rheinmetall's stock has surged 120% this year, driven by the defense industry's super cycle, particularly influenced by the war in Ukraine. Meanwhile, Thales, its French competitor, has also seen a significant rise, with UBS raising its price target from 160 to 330 euros, anticipating further growth due to favorable market conditions. Analysts believe Thales's growth outlook may be conservative, suggesting it could benefit substantially from the ongoing defense boom.
UBS has upgraded Thales shares to "buy," predicting over 12.5% long-term growth in its defense division, driven by increased military budgets in Europe. The stock has surged 78% this year, with UBS raising its price target to 330 euros, suggesting a potential upside of 37.5%. Despite some caution from Thales' CEO regarding order conversion, UBS remains optimistic about the company's positioning in electronic systems and integrated communications.
Thales, a leading French technology and defense company, is poised to benefit from a global supercycle in the armaments industry, with UBS raising its share price target from 160 to 330 euros and upgrading its rating to "Buy." The firm anticipates annual growth rates nearly double the management's cautious targets, supported by Thales' strong market position. With a market capitalization of around 49 billion euros and a 77% increase in share value this year, Thales is also part of the DER AKTIONÄR Weltraum Index, which includes other aerospace companies.
UBS has upgraded its recommendation on Thales from 'neutral' to 'buy', significantly raising the price target from €160 to €330. The firm sees strong potential in the defense sector, projecting an average annual growth rate of 12.6% from 2023 to 2030, which they believe is more optimistic than management's forecast of 6 to 7%.
UBS has upgraded its recommendation on Thales from 'neutral' to 'buy', significantly raising the price target from 160 to 330 euros. The firm sees substantial growth potential in the defense sector, projecting an average annual growth rate of 12.6% from 2023 to 2030, which it considers more optimistic than management's forecast of 6 to 7%.
Thales shares surged over 3%, leading the CAC40, following an upgrade from UBS, which raised its recommendation from 'neutral' to 'buy' and increased the price target from 160 to 330 euros. The broker anticipates an average annual growth rate of 12.6% from 2023 to 2030, suggesting that management's long-term sales growth forecast of 6 to 7% may be conservative.
Thales and Saab have been upgraded to "buy" by UBS, reflecting increased investor confidence in European defence stocks amid a "defence supercycle." European governments are expected to boost military spending significantly, with Thales projected to achieve a 12.6% annual sales growth and Saab anticipating a 25% earnings CAGR through 2030. The shift towards domestic production is expected to favor European firms over American competitors, as the urgency of security needs drives a reassessment of the sector.
Thales
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Thales upgraded to buy as defense spending expectations rise in Europe
16:39 24.03.2025
Thales upgraded to buy as UBS highlights defense sector growth potential
16:39 24.03.2025
ubs raises baes price target amid expected surge in european defense spending
British Pound Sterling
BAE Systems plc
Thales
Mbda
USA
GBR
Donald Trump
Elon Musk
Joe Biden
Show more
16:20 24.03.2025
Thales stock price target raised as defense industry super cycle continues
15:30 24.03.2025
Thales shares soar as UBS upgrades outlook amid defense spending surge
15:14 24.03.2025
Thales benefits from defense supercycle as UBS raises share price target
Euro
RHEINMETALL
Thales
HENSOLDT
Embraer S.A.
RTX Corporation
Amphenol Corp
Heico Corp
BRA
FRA
CHE
Ian Douglas-pennant
Show more
15:00 24.03.2025
ubs upgrades thales to buy with significant price target increase
13:16 24.03.2025
UBS upgrades Thales to buy with significant price target increase
13:10 24.03.2025
Thales shares surge after UBS upgrade and optimistic growth forecast
13:05 24.03.2025
ubs upgrades thales and saab amid european defence supercycle
12:03 24.03.2025
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Banking Regulations
Retail and Consumer Goods
Global Financial Events
Finance Mergers & Acquisitions
CEO Changes
Industry Mergers & Acquisitions
Startups & Entrepreneurship
Market Analysis and Predictions
Financial Scams and Security
Supply Chain Management
Global Trade Developments
Central Bank Actions
Government Policies
Government Economic Policies
Workplace Trends
Energy Sector Developments
Hedge Funds & Private Equity
Countries:
Companies:
JPMorgan Chase & Co.
Tesla, Inc.
The Goldman Sachs Group, Inc.
Barclays PLC
Bank of America Corporation
Deutsche Bank Money Market PP
Wells Fargo & Company
Morgan Stanley
Citigroup Inc.
Credit Suisse Strategic Income I
Commerzbank AG
UBS Group AG
Apple Inc.
Amazon.com, Inc.
UniCredit S.p.A.
NVIDIA Corporation
BNP Paribas SA
Lloyds Banking Group plc
Google Inc.
Basler Kantonalbank
Currencies:
United States Dollar
Euro
Swiss Franc
British Pound Sterling
Chinese Yuan
Indian Rupee
Canadian Dollar
Japanese Yen
United Arab Emirates Dirham
Swedish Krona
Australian Dollar
Mexican Peso
Hong Kong Dollar
Brazilian Real
Danish Krone
Offshore Chinese Yuan
Russian Ruble
Singapore Dollar
Thai Baht
Indonesian Rupiah
People: