Airbus (OTCMKTS:EADSY) Upgraded at Wells Fargo & Company

Wells Fargo & Company upgraded shares of Airbus (OTCMKTS:EADSY) to a hold rating in a report issued on Tuesday morning,Zacks.com reports.

Other research analysts have also issued research reports about the company. Citigroup raised Airbus from a “neutral” rating to a “buy” rating in a report on Thursday, March 5th. Erste Group Bank downgraded Airbus from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. Rothschild & Co Redburn lowered shares of Airbus from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 23rd. Zacks Research cut shares of Airbus from a “hold” rating to a “strong sell” rating in a research note on Monday. Finally, Jefferies Financial Group reiterated a “hold” rating on shares of Airbus in a report on Friday, February 20th. Four analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold”.

Airbus Price Performance

Shares of OTCMKTS:EADSY opened at $47.76 on Tuesday. Airbus has a 52 week low of $36.28 and a 52 week high of $64.35. The company has a 50-day moving average price of $52.96 and a 200 day moving average price of $56.98. The company has a market cap of $150.72 billion, a P/E ratio of 25.27, a PEG ratio of 1.61 and a beta of 1.11. The company has a quick ratio of 0.50, a current ratio of 1.16 and a debt-to-equity ratio of 0.53.

Airbus (OTCMKTS:EADSY) last released its earnings results on Thursday, February 19th. The aerospace company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.07. The company had revenue of $30.25 billion for the quarter, compared to analysts’ expectations of $33.55 billion. Airbus had a return on equity of 22.35% and a net margin of 7.15%. Research analysts predict that Airbus will post 1.74 earnings per share for the current year.

Airbus Company Profile

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.