Airbus (EPA:AIR) received a €137.00 ($161.18) price target from Credit Suisse Group in a report issued on Tuesday, Borsen Zeitung reports. Credit Suisse Group’s target price indicates a potential upside of 19.05% from the stock’s previous close.
A number of other analysts also recently weighed in on AIR. Bank of America set a €142.00 ($167.06) price target on Airbus in a report on Tuesday, July 13th. Morgan Stanley set a €117.00 ($137.65) target price on Airbus and gave the stock a “buy” rating in a report on Wednesday, June 30th. Barclays set a €138.00 ($162.35) price target on Airbus in a report on Monday, August 2nd. The Goldman Sachs Group set a €151.00 ($177.65) price objective on shares of Airbus in a research note on Wednesday, September 8th. Finally, JPMorgan Chase & Co. set a €160.00 ($188.24) target price on shares of Airbus in a research note on Wednesday, August 4th. Four research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of €130.69 ($153.76).
Shares of AIR traded up €0.72 ($0.85) during trading hours on Tuesday, hitting €115.08 ($135.39). 1,047,597 shares of the stock were exchanged, compared to its average volume of 2,310,000. Airbus has a fifty-two week low of €68.28 ($80.33) and a fifty-two week high of €99.97 ($117.61). The business has a 50-day moving average of €113.32 and a 200-day moving average of €106.21.
Airbus SE designs, manufactures, and distributes aerospace products and solutions in the Netherlands and internationally. The company operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The company's Airbus 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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