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Airbus Group (EPA:AIR) target price raised to 62.00EUR, issued a report today by Commerzbank AG

Airbus Group (EPA:AIR) had its target price raised to 62.00EUR by Commerzbank AG in a report released 09/25/2016. The new target price indicates a possible upside of 0.15% based on the company's last closing price.

Previously on Saturday September 24, 2016, Commerzbank AG reported on Airbus Group (EPA:AIR) raised the target price from 0.00EUR to 62.00EUR. At the time, this indicated a possible upside of 0.15%.

Only yesterday Airbus Group (EPA:AIR) traded 2.24% higher at 53.81EUR. Airbus Group’s 50-day moving average is 25.94EUR and its 200-day moving average is 24.10EUR. With the last stock close price up 23.05% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time. 665,441 shares of the stock were exchanged, up from an average trading volume of 237,595

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Airbus Group (EPA:AIR)

Airbus Group has a 52 week low of 18.36EUR and a 52 week high of 31.23EUR with a P/E ratio of 21.68 The company’s market cap is presently 0 EUR.

A total of 3 equity analysts have reported on the stock. zero equity analysts rating the company a strong buy, two brokerages rating the stock a buy, 1 broker rating the stock a hold, zero equity analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of 28.67EUR.

Brief Synopsis On 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, among others.

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