Several other research firms also recently issued reports on AIR. Nord/LB set a €60.00 ($66.67) target price on Airbus Group SE and gave the company a buy rating in a research report on Friday, July 29th. Goldman Sachs Group Inc. set a €68.00 ($75.56) target price on Airbus Group SE and gave the company a buy rating in a research report on Tuesday, July 19th. Commerzbank AG set a €62.00 ($68.89) target price on Airbus Group SE and gave the company a buy rating in a research report on Thursday, July 28th. JPMorgan Chase & Co. set a €55.50 ($61.67) target price on Airbus Group SE and gave the company a neutral rating in a research report on Wednesday, June 29th. Finally, Morgan Stanley set a €63.00 ($70.00) price target on shares of Airbus Group SE and gave the company a neutral rating in a report on Wednesday, June 15th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and fourteen have given a buy rating to the stock. The stock presently has a consensus rating of Buy and an average price target of €65.56 ($72.84).
Shares of Airbus Group SE (EPA:AIR) opened at 52.42 on Tuesday. Airbus Group SE has a one year low of €48.07 and a one year high of €68.50. The stock has a 50 day moving average price of €53.19 and a 200 day moving average price of €53.63. The company has a market capitalization of €40.49 billion and a PE ratio of 14.03.
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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