Rothschild & Co Redburn downgraded shares of Airbus (OTCMKTS:EADSY – Free Report) from a strong-buy rating to a hold rating in a research note published on Monday,Zacks.com reports.
Other research analysts have also issued reports about the stock. Royal Bank Of Canada restated an “outperform” rating on shares of Airbus in a research report on Thursday, October 30th. Jefferies Financial Group reiterated a “hold” rating on shares of Airbus in a research report on Friday. Kepler Capital Markets cut shares of Airbus from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 30th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Airbus in a research note on Tuesday, February 3rd. Four investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.
Get Our Latest Stock Analysis on Airbus
Airbus Stock Down 3.1%
Airbus (OTCMKTS:EADSY – Get Free Report) last posted its quarterly earnings results on Thursday, February 19th. The aerospace company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.07. Airbus had a net margin of 7.15% and a return on equity of 23.20%. The firm had revenue of $30.25 billion during the quarter, compared to analysts’ expectations of $33.55 billion. As a group, analysts expect that Airbus will post 1.74 EPS for the current year.
Airbus Company Profile
Airbus SE is a multinational aerospace and defense company that designs, manufactures and supports a broad range of products and services for civil and military customers worldwide. The company’s activities span commercial aircraft, helicopters, defense and space systems, and a growing portfolio of services that include maintenance, training, digital solutions and aftermarket support. Airbus is organized into major business divisions that reflect these activities and operates an extensive industrial and supplier footprint across multiple countries.
In the commercial aircraft segment Airbus is best known for its A320 family of single-aisle jets and larger widebody models such as the A330 and A350 series, as well as the A380 superjumbo.
Further Reading
- Five stocks we like better than Airbus
- Elon Musk already made me a “wealthy man”
- Elon’s Secret AI Partner?
- Silver $500? The “Deficit Math” says it’s possible.
- Elon Musk: This Could Turn $100 into $100,000
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
Receive News & Ratings for Airbus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Airbus and related companies with MarketBeat.com's FREE daily email newsletter.
