Berenberg Bank Boosts Airbus (OTCMKTS:EADSY) Price Target to €150.00

Airbus (OTCMKTS:EADSYGet Rating) had its price target hoisted by research analysts at Berenberg Bank from €140.00 ($145.83) to €150.00 ($156.25) in a research note issued on Wednesday, The Fly reports. The brokerage currently has a “buy” rating on the aerospace company’s stock.

Several other research analysts have also recently weighed in on the stock. Societe Generale raised shares of Airbus from a “hold” rating to a “buy” rating in a report on Tuesday, May 10th. JPMorgan Chase & Co. increased their target price on Airbus from €170.00 ($177.08) to €180.00 ($187.50) and gave the company an “overweight” rating in a research note on Thursday, May 5th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, Airbus currently has a consensus rating of “Buy” and a consensus target price of $129.46.

Shares of Airbus stock traded down $0.37 during trading on Wednesday, hitting $24.98. The stock had a trading volume of 655,580 shares, compared to its average volume of 421,187. The firm has a market cap of $78.75 billion, a price-to-earnings ratio of 13.36, a P/E/G ratio of 1.57 and a beta of 1.63. Airbus has a 12 month low of $24.64 and a 12 month high of $35.00. The business’s 50-day moving average is $28.10 and its 200 day moving average is $29.88. The company has a current ratio of 1.17, a quick ratio of 0.57 and a debt-to-equity ratio of 2.91.

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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