Airbus Group SE (AIR) Receives Consensus Recommendation of “Buy” from Brokerages

Shares of Airbus Group SE (EPA:AIR) have been assigned a consensus recommendation of “Buy” from the seventeen research firms that are covering the company. Five analysts have rated the stock with a hold recommendation and twelve have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is €69.88 ($75.13).

A number of research analysts have recently issued reports on AIR shares. Deutsche Bank AG set a €78.00 ($83.87) price target on Airbus Group SE and gave the company a “buy” rating in a report on Monday, December 5th. Berenberg Bank set a €64.00 ($68.82) price target on Airbus Group SE and gave the company a “buy” rating in a report on Friday, December 2nd. Credit Suisse Group AG set a €74.00 ($79.57) price target on Airbus Group SE and gave the company a “buy” rating in a report on Friday, December 2nd. Goldman Sachs Group Inc set a €63.00 ($67.74) price target on Airbus Group SE and gave the company a “buy” rating in a report on Thursday, December 1st. Finally, Barclays PLC set a €68.00 ($73.12) price target on Airbus Group SE and gave the company a “buy” rating in a report on Thursday, December 1st.

Airbus Group SE (EPA:AIR) opened at 70.60 on Thursday. The stock has a market cap of €54.55 billion and a price-to-earnings ratio of 54.90. Airbus Group SE has a 12-month low of €48.07 and a 12-month high of €71.85. The firm’s 50-day moving average price is €67.35 and its 200-day moving average price is €60.33.

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About Airbus Group SE

Airbus Group SE, formerly Airbus Group NV, is a company based in the Netherlands that is active in the aerospace and defense industry. The Company operates through three segments: Airbus, Airbus Helicopters and Airbus Defence and Space. The Airbus segment focuses on the development, manufacturing, marketing and sale of commercial jet aircraft and aircraft components, as well as on aircraft conversion and related services.

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