Wells Fargo & Company Upgrades Airbus (OTCMKTS:EADSY) to “Hold”

Airbus (OTCMKTS:EADSY) was upgraded by stock analysts at Wells Fargo & Company to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

A number of other research analysts have also recently issued reports on EADSY. Jefferies Financial Group reissued a “hold” rating on shares of Airbus in a research note on Friday, February 20th. Rothschild & Co Redburn lowered Airbus from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 23rd. Citigroup upgraded shares of Airbus from a “neutral” rating to a “buy” rating in a report on Thursday, March 5th. Erste Group Bank lowered shares of Airbus from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. Finally, Zacks Research cut shares of Airbus from a “hold” rating to a “strong sell” rating in a report on Monday. Four equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Airbus presently has a consensus rating of “Hold”.

Airbus Trading Up 2.5%

EADSY opened at $48.45 on Tuesday. The firm’s fifty day moving average is $53.22 and its two-hundred day moving average is $57.04. The firm has a market cap of $152.90 billion, a PE ratio of 25.64, a price-to-earnings-growth ratio of 1.27 and a beta of 1.11. Airbus has a twelve month low of $36.28 and a twelve month high of $64.35. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.50 and a current ratio of 1.16.

Airbus (OTCMKTS:EADSY) last announced its quarterly earnings results on Thursday, February 19th. The aerospace company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.07. Airbus had a net margin of 7.15% and a return on equity of 22.35%. The company had revenue of $30.25 billion during the quarter, compared to analyst estimates of $33.55 billion. Equities research analysts anticipate that Airbus will post 1.74 EPS for the current year.

About Airbus

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.