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Commerzbank AG announced Airbus Group (EPA:AIR), boosting its stock price target to 62.00EUR today

In a report released on 9/23/2016 Commerzbank AG increased the stock price target of Airbus Group (EPA:AIR) to 62.00EUR reporting a possible upside of 0.15%.

Previously on 9/21/2016, JP Morgan Chase & Co. released a statement about Airbus Group (EPA:AIR) increased the target price from 0.00EUR to 47.00EUR. At the time, this indicated a possible downside of -0.11%.

Just 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. The last stock price is up 23.05% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 665,441 shares of AIR traded hands, up from an average trading volume of 237,595

Recent Performance Chart

Airbus Group (EPA:AIR)

Airbus Group has 52 week low of 18.36EUR and a 52 week high of 31.23EUR with a PE ratio of 21.68 and has a market capitalization of 0 EUR.

In addition to Commerzbank AG reporting its target price, a total of 3 firms have reported on the company. The average stock price target is 28.67EUR with zero brokerages rating the company a strong buy, two equity analysts rating the company a buy, one firm rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 analysts rating the company a sell.

More 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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