Airbus (AIR) Given a €90.00 Price Target by UBS Analysts
Airbus (EPA:AIR) received a €90.00 ($107.14) price objective from equities researchers at UBS in a report released on Monday, www.boersen-zeitung.de reports. The brokerage presently has a “buy” rating on the stock. UBS’s target price indicates a potential upside of 4.74% from the company’s previous close.
A number of other research analysts have also recently issued reports on AIR. Kepler Capital Markets set a €90.00 ($107.14) target price on Airbus and gave the company a “neutral” rating in a research note on Thursday. Goldman Sachs Group restated a “buy” rating and set a target price on shares of Airbus in a research note on Wednesday, December 6th. Societe Generale set a €102.00 ($121.43) target price on Airbus and gave the stock a “buy” rating in a research note on Tuesday, November 14th. Deutsche Bank set a €89.00 ($105.95) price target on Airbus and gave the stock a “buy” rating in a report on Wednesday, November 8th. Finally, DZ Bank reaffirmed a “buy” rating on shares of Airbus in a research report on Friday, November 3rd. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have issued a buy rating to the stock. Airbus currently has an average rating of “Buy” and a consensus price target of €86.68 ($103.20).
Airbus (EPA AIR) traded down €1.84 ($2.19) during midday trading on Monday, reaching €85.93 ($102.30). The company’s stock had a trading volume of 1,590,000 shares, compared to its average volume of 1,580,000. Airbus has a 52-week low of €58.73 ($69.92) and a 52-week high of €89.27 ($106.27).
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Airbus SE, through its subsidiaries, provides aeronautics, space, and related products and services worldwide. The company operates through three segments: Airbus Commercial Aircraft, Airbus Helicopters, and Airbus Defence and Space segments. The Airbus Commercial Aircraft segment develops, manufactures, markets, and sells commercial jet aircraft of approximately 100 seats; and regional turboprop aircraft and aircraft components, as well as provides aircraft conversion and related services.
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