Airbus Group (EPA:AIR) target price raised to 72.00EUR, released a ratings update earlier today by UBS AG
- Updated: October 12, 2016
UBS AG upped the price target of Airbus Group (EPA:AIR) to 72.00EUR indicating a possible upside of 0.37%.
Previously on 10/11/2016, Deutsche Bank AG reported on Airbus Group (EPA:AIR) increased the target price from 0.00EUR to 75.00EUR. At the time, this indicated a possible upside of 0.41%.
Yesterday Airbus Group (EPA:AIR) traded 1.22% higher at 52.46EUR. The company’s 50-day moving average is 28.51EUR and its 200-day moving average is 24.94EUR. The last closing price is up 26.32% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 184,466 shares of the stock traded hands, down from an average trading volume of 258,871
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Airbus Group has a 52 week low of 18.36EUR and a 52 week high of 32.15EUR with a price-earnings ratio of 31.88 AIR’s total market value is presently 0 EUR.
A total of 3 brokers have issued a research note on the stock. 0 firms rating the company a strong buy, two equity analysts rating the stock a buy, 1 analyst rating the company a hold, zero brokers rating the stock a underperform, and finally 0 brokerages rating the stock a sell with a average stock price target of 28.67EUR.
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, among others.
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