EADS "overweight"

21.01.08 - J.P. Morgan Securities

LONDON, January 21 (newratings.com) - Analyst Harry W Breach of JP Morgan maintains his "overweight" rating on EADS (EAD).

In a research note published this morning, the analyst mentions that the board changes announced by the company in 2007 have raised the pressure on its management and there is increased focus on improving shareholder returns. Airbus? pricing remains healthy and an expansion of around ?1 billion to Power8 is likely to be revealed at the end of 1Q, the analyst says.