Zacks Investment Research Downgrades Airbus (OTCMKTS:EADSY) to Hold

Zacks Investment Research downgraded shares of Airbus (OTCMKTS:EADSY) from a buy rating to a hold rating in a report published on Tuesday morning, Zacks.com reports.

According to Zacks, “Airbus Group NV manufactures airplanes and military equipment. The company operates through four segments which consist of The Airbus, The Eurocopter, The Astrium and The Cassidian division. It develop, manufacture, market and sell commercial jet aircrafts, military transport aircrafts and special mission aircrafts, civil and military helicopters, satellites, orbital infrastructures and launchers as well as space-related services missiles systems, military combat and training aircrafts. Airbus Group NV, formerly known as European Aeronautic Defence and Space Company EADS NV, is headquartered in Mendelweg, NETHERLANDS. “

A number of other research firms have also issued reports on EADSY. ValuEngine lowered Airbus from a hold rating to a sell rating in a research report on Saturday, October 19th. Jefferies Financial Group lowered Airbus from a buy rating to a hold rating in a research report on Wednesday, December 11th. Finally, Barclays assumed coverage on Airbus in a research report on Monday, October 14th. They issued an overweight rating for the company. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock has an average rating of Hold.

EADSY stock opened at $35.23 on Tuesday. The company has a debt-to-equity ratio of 2.26, a current ratio of 0.98 and a quick ratio of 0.36. The business has a 50 day simple moving average of $37.37 and a 200-day simple moving average of $35.43. The firm has a market capitalization of $111.93 billion, a PE ratio of 28.32 and a beta of 1.52. Airbus has a 1 year low of $31.03 and a 1 year high of $38.45.

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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