Berenberg Bank Reiterates “€64.00” Price Target for Airbus Group SE (AIR)
Airbus Group SE (EPA:AIR) has been assigned a €64.00 ($71.11) price target by stock analysts at Berenberg Bank in a research report issued to clients and investors on Monday. The firm presently has a a “buy” rating on the stock.
AIR has been the subject of a number of other reports. Credit Suisse Group AG set a €74.00 ($82.22) price target on Airbus Group SE and gave the company a “buy” rating in a report on Friday, September 2nd. DZ Bank AG reaffirmed a “buy” rating on shares of Airbus Group SE in a report on Tuesday, August 23rd. JPMorgan Chase & Co. set a €47.00 ($52.22) price target on Airbus Group SE and gave the company a “sell” rating in a report on Tuesday, September 20th. Commerzbank AG set a €62.00 ($68.89) price target on Airbus Group SE and gave the company a “buy” rating in a report on Friday, September 23rd. Finally, Goldman Sachs Group Inc. set a €63.00 ($70.00) price objective on Airbus Group SE and gave the company a “buy” rating in a report on Monday, September 12th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and fourteen have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of €65.22 ($72.47).
Airbus Group SE (EPA:AIR) traded up 0.93% during trading on Monday, hitting €54.33. 1,225,772 shares of the stock traded hands. Airbus Group SE has a 12 month low of €48.07 and a 12 month high of €68.50. The firm’s 50-day moving average is €52.87 and its 200-day moving average is €53.88. The stock has a market cap of €41.96 billion and a P/E ratio of 14.54.
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About Airbus Group SE
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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