Airbus (OTCMKTS:EADSY) Raised to “Hold” at Wells Fargo & Company

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

Several other research analysts have also commented on the stock. Rothschild & Co Redburn lowered shares of Airbus from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 23rd. Jefferies Financial Group reaffirmed a “hold” rating on shares of Airbus in a research note on Friday, February 20th. Erste Group Bank cut shares of Airbus from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. Zacks Research lowered Airbus from a “hold” rating to a “strong sell” rating in a report on Monday. Finally, Citigroup raised Airbus from a “neutral” rating to a “buy” rating in a research report on Thursday, March 5th. Four equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Airbus presently has a consensus rating of “Hold”.

Airbus Stock Up 2.5%

Shares of Airbus stock opened at $48.45 on Tuesday. The firm has a market cap of $152.90 billion, a price-to-earnings ratio of 25.64, a P/E/G ratio of 1.27 and a beta of 1.11. The stock has a 50-day simple moving average of $53.22 and a 200-day simple moving average of $57.04. Airbus has a 52-week low of $36.28 and a 52-week high of $64.35. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.16 and a quick ratio of 0.50.

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

About Airbus

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.