After J.P. Morgan and Credit Suisse gave Airbus Group SE (Other OTC: EADSF) a Buy rating last month, the company received another Buy, this time from Goldman Sachs. Analyst Chris Hallam maintained a Buy rating on Airbus Group SE today. The company’s shares closed last Friday at $111.80.
Hallam has an average return of 5.2% when recommending Airbus Group SE.
According to TipRanks.com, Hallam is ranked #3133 out of 7331 analysts.
Currently, the analyst consensus on Airbus Group SE is a Moderate Buy with an average price target of $125.40, representing a 12.5% upside. In a report issued on February 12, Credit Suisse also maintained a Buy rating on the stock with a EUR105.00 price target.
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The company has a one-year high of $144.39 and a one-year low of $50.86. Currently, Airbus Group SE has an average volume of 5,169.
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Airbus SE engages in the design, manufacture, delivery, and provision of aerospace products, space, and related services. It operates through the following segments: Airbus Commercial Aircraft; Airbus Helicopters; and Airbus Defence and Space. The Airbus Commercial Aircraft segment develops, manufactures, markets, and sells commercial jet aircrafts; and offers aircraft conversion and related services. The Airbus Helicopters segment deals with the development, manufacture, marketing, and sale of civil and military helicopters. The Airbus Defence and Space segment covers systems and services in the field of defence and space for governments, institutions, and commercial customers. The company was founded on December 29, 1998 and is headquartered in Leiden, the Netherlands.
