Airbus (OTCMKTS:EADSY) Upgraded at Citigroup

Citigroup upgraded shares of Airbus (OTCMKTS:EADSY) from a neutral rating to a buy rating in a research note issued to investors on Thursday, MarketBeat reports.

Other equities analysts also recently issued reports about the company. Rothschild & Co Redburn downgraded Airbus from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 23rd. Jefferies Financial Group reissued a “hold” rating on shares of Airbus in a research note on Friday, February 20th. Five equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Airbus Stock Down 0.3%

OTCMKTS:EADSY opened at $50.73 on Thursday. Airbus has a 52 week low of $36.28 and a 52 week high of $64.35. The stock’s fifty day moving average is $57.87 and its two-hundred day moving average is $57.70. The stock has a market capitalization of $160.09 billion, a price-to-earnings ratio of 26.84, a price-to-earnings-growth ratio of 1.32 and a beta of 1.05. The company has a quick ratio of 0.43, a current ratio of 1.15 and a debt-to-equity ratio of 0.59.

Airbus (OTCMKTS:EADSY) last posted its quarterly earnings data on Thursday, February 19th. The aerospace company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.07. Airbus had a return on equity of 23.20% and a net margin of 7.15%.The firm had revenue of $30.25 billion for the quarter, compared to the consensus estimate of $33.55 billion. Research analysts anticipate that Airbus will post 1.74 EPS for the current year.

About Airbus

Airbus SE is a multinational aerospace and defense company that designs, manufactures and supports a broad range of products and services for civil and military customers worldwide. The company’s activities span commercial aircraft, helicopters, defense and space systems, and a growing portfolio of services that include maintenance, training, digital solutions and aftermarket support. Airbus is organized into major business divisions that reflect these activities and operates an extensive industrial and supplier footprint across multiple countries.

In the commercial aircraft segment Airbus is best known for its A320 family of single-aisle jets and larger widebody models such as the A330 and A350 series, as well as the A380 superjumbo.