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Europe shares end lower following losses on Wall Street -2-
(Il Sole 24 Ore Radiocor) - London, 25 Jun - In European stock market dealings, Airbus dipped 9.41% at 134.78 euros in Paris after it said yesterday it was cutting its targets for 2024, including aircraft deliveries and earnings.A The airliner said it was now expecting its adjusted earnings before interest and taxes to come in at around 5.5 billion euros, down from a previous estimate of 6.5 to 7 billion euros affirmed on April 25.
Shares of the Italian utility Enel were up 0.55% at 6.58 euros in Milan trade after Barclays reaffirmed its "overweight" recommendation on the stock and indicated a target price of 8 euros per share. According to Barclays analysts, Enel's capital reallocation plans will continue in the next three years, with a reorganization of its subsidiaries in Italy, Spain, Chile, Brazil and Colombia.
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(RADIOCOR) 25-06-24 18:28:44 (0630) 5 NNNN