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Joh. Berenberg Gossler & Co. KG announced Airbus Group (EPA:AIR), bumping up its stock price target to 64.00EUR today

Just yesterday Airbus Group (EPA:AIR) traded -0.13% lower at 54.30EUR. Airbus Group’s 50-day moving average is 27.89EUR and its 200-day moving average is 24.75EUR. The last closing price is up 26.83% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 240,202 shares of AIR traded hands, down from an average trading volume of 260,898

In a report released on 10/10/2016 Joh. Berenberg Gossler & Co. KG increased the stock price target of Airbus Group (EPA:AIR) to 64.00EUR reporting a possible upside of 0.18%.

Previously on 9/28/2016, Deutsche Bank AG reported on Airbus Group (EPA:AIR) increased the target price from 0.00EUR to 77.00EUR. At the time, this indicated a possible upside of 0.48%.

Recent Performance Chart

Airbus Group (EPA:AIR)

Airbus Group has 52 week low of 18.36EUR and a 52 week high of 32.15EUR with a PE ratio of 31.77 and has a market capitalization of 0 EUR.

In addition to Joh. Berenberg Gossler & Co. KG reporting its stock price target, a total of 3 brokers have issued a research note on the company. The average stock price target is 28.67EUR with 0 brokers rating the stock a strong buy, 2 brokers rating the stock a buy, 1 broker rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

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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