Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Airbus Group SE (EADSF), Adyen (ADYYF) and Ciena (CIEN).
Airbus Group SE (EADSF)
UBS analyst Celine Fornaro maintained a Buy rating on Airbus Group SE yesterday and set a price target of EUR100.00. The company’s shares closed last Monday at $66.30, close to its 52-week low of $50.86.
According to TipRanks.com, Fornaro is ranked 0 out of 5 stars with an average return of -23.4% and a 31.8% success rate. Fornaro covers the Technology sector, focusing on stocks such as Rolls-Royce Holdings, MTU Aero Engines, and Rolls-Royce.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Airbus Group SE with a $80.52 average price target, representing a 24.8% upside. In a report issued on May 21, Jefferies also maintained a Buy rating on the stock with a EUR80.00 price target.
See today’s analyst top recommended stocks >>
Adyen (ADYYF)
UBS analyst Hannes Leitner maintained a Buy rating on Adyen yesterday. The company’s shares closed last Monday at $1319.95, close to its 52-week high of $1396.51.
Leitner has an average return of 63.7% when recommending Adyen.
According to TipRanks.com, Leitner is ranked #1010 out of 6657 analysts.
Currently, the analyst consensus on Adyen is a Moderate Buy with an average price target of $1077.91, implying a -17.8% downside from current levels. In a report issued on May 19, Morgan Stanley also maintained a Buy rating on the stock with a EUR1200.00 price target.
Ciena (CIEN)
In a report released today, Alex Henderson from Needham assigned a Hold rating to Ciena. The company’s shares closed last Monday at $56.00, close to its 52-week high of $56.76.
According to TipRanks.com, Henderson is a 5-star analyst with an average return of 17.7% and a 56.5% success rate. Henderson covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Applied Optoelectronics, and Forescout Technologies.
Ciena has an analyst consensus of Strong Buy, with a price target consensus of $54.55, implying a -1.3% downside from current levels. In a report released yesterday, B.Riley FBR also maintained a Hold rating on the stock with a $51.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
