Market Reaction: European aerospace and defense shares fell sharply, with the STOXX Aerospace and Defense Index dropping 2.6%, its largest decline in over a month, following reports of renewed U.S. efforts to negotiate peace in the Russia-Ukraine conflict.
Impact on Major Companies: Key companies like Rheinmetall, BAE Systems, and Leonardo experienced losses between 4% and 7%, underperforming compared to the broader STOXX index.
Peace Talks Developments: A report from Politico suggested a potential framework for peace talks, while a Ukrainian official indicated that the U.S. was discussing ideas with Russia.
Additional Context: The situation has implications for Ukrainian government bonds and ongoing discussions about EU loans backed by frozen Russian assets.
Wall Street analysts forecast EUAD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EUAD is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast EUAD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EUAD is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 46.130
Low
Averages
High
Current: 46.130
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
