Airbus (OTCMKTS:EADSY) Rating Increased to Buy at Citigroup

Airbus (OTCMKTS:EADSY) was upgraded by research analysts at Citigroup from a “neutral” rating to a “buy” rating in a research note issued to investors on Thursday, Marketbeat Ratings reports.

Other research analysts have also recently issued research reports about the company. Rothschild & Co Redburn cut Airbus from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 23rd. Jefferies Financial Group restated a “hold” rating on shares of Airbus in a report on Friday, February 20th. Five investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Airbus has a consensus rating of “Moderate Buy”.

Airbus Stock Performance

OTCMKTS:EADSY traded up $0.47 during mid-day trading on Thursday, reaching $51.88. The stock had a trading volume of 44,505 shares, compared to its average volume of 731,610. Airbus has a twelve month low of $36.28 and a twelve month high of $64.35. The business has a 50 day simple moving average of $58.15 and a 200 day simple moving average of $57.74. The firm has a market capitalization of $163.73 billion, a price-to-earnings ratio of 27.45, a PEG ratio of 1.33 and a beta of 1.05. 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 issued its earnings results on Thursday, February 19th. The aerospace company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.07. Airbus had a return on equity of 23.20% and a net margin of 7.15%.The business had revenue of $30.25 billion during the quarter, compared to the consensus estimate of $33.55 billion. On average, analysts expect that Airbus will post 1.74 earnings per share for the current fiscal 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.