Dassault Aviation société anonyme (OTCMKTS:DUAVF) Stock Price Up 8.3% – Still a Buy?

Dassault Aviation société anonyme (OTCMKTS:DUAVF) shares were up 8.3% during trading on Thursday. The stock traded as high as $346.60 and last traded at $346.60. 25 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 281 shares. The stock had previously closed at $320.00.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reissued a “buy” rating on shares of Dassault Aviation société anonyme in a research report on Friday, July 24th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Dassault Aviation société anonyme has a consensus rating of “Moderate Buy”.

Dassault Aviation société anonyme Stock Performance

The firm’s 50 day simple moving average is $333.91 and its 200-day simple moving average is $342.99.

Dassault Aviation société anonyme Company Profile

Dassault Aviation société anonyme is a French aerospace company that designs, develops, manufactures and supports military aircraft, business jets and related aerospace systems. The company serves government, defense and corporate customers in France and international markets.

Its military aviation portfolio includes the Rafale multirole fighter, while its civil aviation business operates under the Falcon brand and offers long-range, large-cabin and super-midsize business jets. Dassault Aviation also provides aircraft maintenance, repair and overhaul, customer support, training and associated services throughout the life cycle of its aircraft.

The company traces its origins to 1929, when Marcel Bloch established an aircraft manufacturing business in France.