Dassault Aviation SA

AM: XPAR (FRA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	€945.00	Yfnp	Lrxdccbn

Dassault Aviation: Initiating Coverage With Wide Moat and Fair Value of EUR 204; Shares Undervalued

Loredana Muharremi

Feb 2, 2024

We are initiating coverage of Dassault Aviation with a wide moat and fair value estimate of EUR 204 per share, backed by expected rises in defense spending due to global threats, a recovery in the business jet market, and a higher share of aftermarket revenue.

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