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A statement released earlier today by Kepler Cheuvreux about Airbus Group (EPA:AIR) raises the target price to 60.00EUR

Reporting a possible upside of 0.19%, Kepler Cheuvreux bumped the target stock price of Airbus Group (EPA:AIR) to 60EUR.

Previously on Monday August 1 2016, Norddeutsche Landesbank reported about Airbus Group(EPA:AIR) raised the target price from 0.00EUR to 60.00EUR. At the time, this suggested an upside of 0.14%.

Only yesterday Airbus Group (EPA:AIR) traded 2.00% lower at 50.34EUR. The company’s 50-day average is 25.00EUR and its 200-day average is 23.77EUR. With the last stock close up 15.68% from the 200-day moving average, compared with the S&P 500 which has decreased -0.01% over the same time. 406,921 shares of AIR exchanged hands, up from ann avg. trading volume of 226,773.

Performance Graph:

Airbus Group (EPA:AIR)

With a total market value of 0.0 EUR, Airbus Group has a price-earnings of 20 with a 52 week low of 18.36EUR and a 52 week high of 29.08EUR.

In addition to Kepler Cheuvreux reporting it’s target price, a total of 3 brokerages have released a research note on Airbus Group. The 12-month target stock price is 28.67EUR with 0 rating the company a strong buy, two firms rating the stock a buy, one analyst rating the stock a hold, 0 rating the company to underperform, and lastly 0 firmsrating the company as sell.

General Information About Airbus Group (EPA:AIR)

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. It operates four divisions. The Airbus division comprises the Airbus Commercial and Airbus Military segments, which develop, manufacture, market and sell commercial jet aircrafts, military transport aircrafts and special mission aircrafts, among others. The Eurocopter division develops, markets and sells civil and military helicopters. The Astrium division develops, manufactures and sells satellites, orbital infrastructures and launchers, as well as provides space-related services. The Cassidian division sells missiles systems, military combat and training aircrafts, and among others.

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