Airbus (EPA:AIR) received a €149.00 ($173.26) price objective from JPMorgan Chase & Co. in a research note issued to investors on Wednesday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 16.42% from the company’s previous close.
Several other research firms have also recently issued reports on AIR. UBS Group reiterated a “buy” rating on shares of Airbus in a research report on Tuesday, November 26th. DZ Bank reiterated a “neutral” rating on shares of Airbus in a research report on Thursday, October 31st. Kepler Capital Markets set a €134.00 ($155.81) target price on Airbus and gave the stock a “buy” rating in a research report on Wednesday, October 30th. Goldman Sachs Group set a €158.00 ($183.72) target price on Airbus and gave the stock a “buy” rating in a research report on Friday, November 8th. Finally, Jefferies Financial Group set a €110.00 ($127.91) target price on Airbus and gave the stock a “buy” rating in a research report on Wednesday, October 30th. Four investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of €139.85 ($162.61).
AIR stock traded up €3.92 ($4.56) during trading on Wednesday, hitting €127.98 ($148.81). The company had a trading volume of 2,347,993 shares, compared to its average volume of 2,310,000. Airbus has a 1-year low of €68.28 ($79.40) and a 1-year high of €99.97 ($116.24). The firm has a 50-day moving average price of €129.47 and a 200-day moving average price of €124.45.
Airbus Company Profile
Airbus SE provides aerospace products, services, and solutions in the Netherlands and internationally. The company operates in three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space segments. The 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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