Airbus (OTCMKTS:EADSY) Rating Increased to Buy at Societe Generale

Airbus (OTCMKTS:EADSY – Get Rating) was upgraded by investment analysts at Societe Generale from a “hold” rating to a “buy” rating in a note issued to investors on Tuesday, The Fly reports.

EADSY has been the subject of several other research reports. Morgan Stanley upped their price target on shares of Airbus from €120.00 ($126.32) to €135.00 ($142.11) in a research report on Wednesday, January 19th. Zacks Investment Research downgraded shares of Airbus from a “buy” rating to a “hold” rating in a report on Wednesday, March 30th. JPMorgan Chase & Co. increased their price objective on shares of Airbus from €170.00 ($178.95) to €180.00 ($189.47) and gave the company an “overweight” rating in a report on Thursday, May 5th. Finally, Citigroup increased their price target on shares of Airbus from €138.00 ($145.26) to €150.00 ($157.89) in a research note on Wednesday, January 26th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $106.86.

Shares of EADSY opened at $27.60 on Tuesday. The firm has a market capitalization of $86.92 billion, a PE ratio of 14.76, a price-to-earnings-growth ratio of 1.57 and a beta of 1.64. The company has a debt-to-equity ratio of 2.07, a current ratio of 1.17 and a quick ratio of 0.57. Airbus has a 1-year low of $24.64 and a 1-year high of $35.00. The company’s fifty day moving average price is $28.56 and its 200-day moving average price is $30.54.

Airbus (OTCMKTS:EADSY – Get Rating) last issued its quarterly earnings data on Thursday, February 17th. The aerospace company reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.23. The business had revenue of $19.44 billion during the quarter, compared to the consensus estimate of $19.01 billion. Airbus had a net margin of 9.46% and a return on equity of 54.00%. As a group, research analysts anticipate that Airbus will post 1.46 EPS for the current fiscal year.

About Airbus (Get Rating)

Airbus SE engages in the designing, manufacturing, and delivering aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. 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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