Credit Suisse Group issued a report on Airbus Group (EPA:AIR), boosting its stock price target to 74.00EUR earlier today
- Updated: October 11, 2016
In a report issued Tuesday October 11, 2016 Credit Suisse Group upped the price target of Airbus Group (EPA:AIR) to 74.00EUR reporting a potential upside of 0.40%.
On Monday October 10, 2016, Joh. Berenberg Gossler & Co. KG released a statement about Airbus Group (EPA:AIR) bumped up the target price from 0.00EUR to 64.00EUR that suggested an upside of 0.18%.
Yesterday Airbus Group (EPA:AIR) traded -0.86% lower at 53.04EUR. The company’s 50-day moving average is 28.11EUR and its 200-day moving average is 24.84EUR. The last stock price is up 25.26% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Volume of trade was down over the average, with 239,068 shares of AIR changing hands under the typical 261,400
Airbus Group has a price-earnings ratio of 31.50 with a 52 week low of 18.36EUR and a 52 week high of 32.15EUR Airbus Group’s market capitalization is currently 0 EUR.
Also covering Airbus Group's stock price target, a total of 3 brokers have issued a ratings update on Airbus Group. The 12-month price target is 28.67EUR with 0 brokers rating the stock a strong buy, two equity analysts rating the company a buy, one analyst rating the company a hold, zero analysts rating the company a underperform, and lastly 0 brokerages rating the stock a sell.
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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