Airbus Group SE (AIR) Given a €64.00 Price Target by Berenberg Bank Analysts
Airbus Group SE (EPA:AIR) has been assigned a €64.00 ($71.11) price target by equities researchers at Berenberg Bank in a research note issued on Monday. The brokerage presently has a a “buy” rating on the stock.
A number of other analysts also recently weighed in on the company. Goldman Sachs Group Inc. set a €63.00 ($70.00) price target on Airbus Group SE and gave the stock a “buy” rating in a report on Friday, September 30th. Morgan Stanley set a €60.00 ($66.67) price target on Airbus Group SE and gave the stock a “neutral” rating in a report on Wednesday, September 28th. Deutsche Bank AG set a €77.00 ($85.56) price target on Airbus Group SE and gave the stock a “buy” rating in a report on Tuesday, September 27th. Commerzbank AG set a €62.00 ($68.89) price target on Airbus Group SE and gave the stock a “buy” rating in a report on Friday, September 23rd. Finally, JPMorgan Chase & Co. set a €47.00 ($52.22) price target on Airbus Group SE and gave the stock a “sell” rating in a report on Tuesday, September 20th. One analyst has rated the stock with a sell rating, four have issued a hold rating and fourteen have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of €65.22 ($72.47).
Airbus Group SE (EPA:AIR) traded up 0.69% during mid-day trading on Monday, hitting €54.20. The company had a trading volume of 832,098 shares. Airbus Group SE has a 12-month low of €48.07 and a 12-month high of €68.50. The firm has a market capitalization of €41.86 billion and a PE ratio of 14.51. The company’s 50 day moving average price is €52.87 and its 200-day moving average price is €53.88.
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Airbus Group SE Company Profile
Airbus Group SE, formerly Airbus Group NV, known as European Aeronautic Defence and Space Company EADS NV, is a France-based company, incorporated in the Netherlands, active within the aerospace and defense industry. The Company manufactures aircrafts, helicopters, commercial space launch vehicles, missiles, satellites, defense systems and defense electronics, and offers services related to these activities.
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