Airbus Group SE (AIR) Given a €55.00 Price Target at JPMorgan Chase & Co.
Airbus Group SE (EPA:AIR) has been given a €55.00 ($61.11) price objective by equities researchers at JPMorgan Chase & Co. in a research note issued on Tuesday. The brokerage currently has a a “sell” rating on the stock.
A number of other research firms also recently weighed in on AIR. Berenberg Bank set a €64.00 ($71.11) target price on Airbus Group SE and gave the stock a “buy” rating in a report on Monday. Goldman Sachs Group Inc. set a €63.00 ($70.00) target price 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) target price 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) target price on Airbus Group SE and gave the stock a “buy” rating in a report on Tuesday, September 27th. Finally, Commerzbank AG set a €62.00 ($68.89) price target on Airbus Group SE and gave the stock a “buy” rating in a research note on Friday, September 23rd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and fourteen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of €65.67 ($72.96).
Airbus Group SE (EPA:AIR) opened at 52.81 on Tuesday. The stock has a 50 day moving average price of €53.07 and a 200-day moving average price of €53.73. The company has a market cap of €40.79 billion and a price-to-earnings ratio of 14.14. Airbus Group SE has a 12-month low of €48.07 and a 12-month high of €68.50.
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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