Airbus Group SE (AIR) Given a €55.00 Price Target at JPMorgan Chase & Co.
Airbus Group SE (EPA:AIR) has been assigned a €55.00 ($61.11) price objective by analysts at JPMorgan Chase & Co. in a research note issued to investors on Tuesday. The brokerage presently has a a “sell” rating on the stock.
A number of other equities analysts also recently issued reports on the company. Berenberg Bank set a €64.00 ($71.11) price objective on Airbus Group SE and gave the stock a “buy” rating in a research report on Monday. Barclays PLC restated a “buy” rating on shares of Airbus Group SE in a research report on Tuesday, July 5th. Morgan Stanley set a €63.00 ($70.00) price objective on Airbus Group SE and gave the stock a “neutral” rating in a research report on Wednesday, July 13th. Commerzbank AG set a €62.00 ($68.89) price objective on Airbus Group SE and gave the stock a “buy” rating in a research report on Thursday, July 28th. Finally, Kepler Capital Markets set a €60.00 ($66.67) price objective on Airbus Group SE and gave the stock a “buy” rating in a research report on Monday, August 8th. One analyst has rated the stock with a sell rating, four have given a hold rating and fourteen have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of €65.67 ($72.96).
Shares of Airbus Group SE (EPA:AIR) opened at 52.81 on Tuesday. The company has a market cap of €40.79 billion and a PE ratio of 14.14. The firm has a 50-day moving average price of €53.07 and a 200 day moving average price of €53.73. Airbus Group SE has a 1-year low of €48.07 and a 1-year 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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