Airbus (OTCMKTS:EADSY) Rating Lowered to Hold at Rothschild & Co Redburn

Airbus (OTCMKTS:EADSY) was downgraded by Rothschild & Co Redburn from a “strong-buy” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.

A number of other research firms have also issued reports on EADSY. Jefferies Financial Group reissued a “hold” rating on shares of Airbus in a report on Friday. Royal Bank Of Canada reiterated an “outperform” rating on shares of Airbus in a research report on Thursday, October 30th. Kepler Capital Markets downgraded shares of Airbus from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 30th. Finally, Citigroup restated a “neutral” rating on shares of Airbus in a research note on Tuesday, February 3rd. Four research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Airbus Price Performance

Shares of OTCMKTS EADSY opened at $53.85 on Monday. The stock’s 50-day simple moving average is $58.68 and its 200-day simple moving average is $57.74. The firm has a market capitalization of $169.94 billion, a PE ratio of 28.49, a price-to-earnings-growth ratio of 1.43 and a beta of 1.06. Airbus has a fifty-two week low of $36.28 and a fifty-two week high of $64.35. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.43 and a current ratio of 1.15.

Airbus (OTCMKTS:EADSY) last announced its quarterly earnings results on Thursday, February 19th. The aerospace company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.88 by $0.07. Airbus had a net margin of 7.15% and a return on equity of 23.20%. The company had revenue of $30.25 billion for the quarter, compared to analyst estimates of $33.55 billion. As a group, equities research analysts forecast that Airbus will post 1.74 EPS for the current fiscal year.

About Airbus

Airbus SE is a multinational aerospace and defense company that designs, manufactures and supports a broad range of products and services for civil and military customers worldwide. The company’s activities span commercial aircraft, helicopters, defense and space systems, and a growing portfolio of services that include maintenance, training, digital solutions and aftermarket support. Airbus is organized into major business divisions that reflect these activities and operates an extensive industrial and supplier footprint across multiple countries.

In the commercial aircraft segment Airbus is best known for its A320 family of single-aisle jets and larger widebody models such as the A330 and A350 series, as well as the A380 superjumbo.