Airbus (OTCMKTS:EADSY) Upgraded to Hold at Wells Fargo & Company

Airbus (OTCMKTS:EADSY) was upgraded by equities researchers at Wells Fargo & Company to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

EADSY has been the topic of several other reports. Zacks Research cut shares of Airbus from a “hold” rating to a “strong sell” rating in a research report on Monday. Citigroup upgraded Airbus from a “neutral” rating to a “buy” rating in a report on Thursday, March 5th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Airbus in a research report on Friday, February 20th. Erste Group Bank lowered Airbus from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 5th. Finally, Rothschild & Co Redburn downgraded Airbus from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 23rd. Four research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Airbus Trading Up 2.5%

Shares of EADSY opened at $48.45 on Tuesday. The business’s 50-day moving average price is $53.22 and its 200 day moving average price is $57.04. The company has a current ratio of 1.16, a quick ratio of 0.50 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $152.90 billion, a P/E ratio of 25.64, a P/E/G ratio of 1.27 and a beta of 1.11. Airbus has a 1-year low of $36.28 and a 1-year high of $64.35.

Airbus (OTCMKTS:EADSY) last announced its earnings results on Thursday, February 19th. The aerospace company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.88 by $0.07. The company had revenue of $30.25 billion during the quarter, compared to analysts’ expectations of $33.55 billion. Airbus had a net margin of 7.15% and a return on equity of 22.35%. Analysts expect that Airbus will post 1.74 earnings per share for the current year.

Airbus Company Profile

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.