Airbus (EPA:AIR) has been assigned a €103.00 ($121.18) price objective by equities research analysts at Independent Research in a research note issued to investors on Monday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. Independent Research’s target price points to a potential upside of 6.48% from the stock’s previous close.
A number of other research analysts have also weighed in on the company. JPMorgan Chase & Co. set a €115.00 ($135.29) price target on Airbus and gave the stock a “buy” rating in a research note on Monday, April 26th. Morgan Stanley set a €111.00 ($130.59) price target on Airbus and gave the stock a “buy” rating in a research note on Tuesday, March 16th. Barclays set a €110.00 ($129.41) price target on Airbus and gave the stock a “buy” rating in a research note on Friday, April 16th. Credit Suisse Group set a €101.00 ($118.82) price target on Airbus and gave the stock a “buy” rating in a research note on Thursday, April 15th. Finally, Berenberg Bank set a €110.00 ($129.41) target price on Airbus and gave the stock a “buy” rating in a research report on Friday, February 19th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of €110.31 ($129.77).
Shares of Airbus stock opened at €96.73 ($113.80) on Monday. Airbus has a fifty-two week low of €68.28 ($80.33) and a fifty-two week high of €99.97 ($117.61). The business’s fifty day moving average is €99.57 and its two-hundred day moving average is €90.62.
Airbus SE designs, manufactures, and distributes aerospace products and solutions in the Netherlands and internationally. The company operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The company's Airbus segment develops, manufactures, markets, and sells commercial jet aircraft of approximately 100 seats; and regional turboprop aircraft and aircraft components, as well as provides aircraft conversion and related services.
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