EADS "sell"

29.11.06 - Ibersecurities

LONDON, November 29 (newratings.com) - Analysts at Ibersecurities maintain their "sell" rating on EADS (EAD).

In a research note published this morning, the analysts mention that Airbus plans to outsource part of the production of the A-350 superjumbo in order to reduce costs. EADS believes it must retain exposure to this market segment if it is to compete with Boeing's 787 Dreamliner. The company is likely to announce further initiatives related to the A-350 during its board meeting, the analysts add.