Trading Report: The Airbus Group SE (AIR) Given a €74.00 Price Target by Credit Suisse Group AG Analysts

The Airbus Group SE (AIR) Given a €74.00 Price Target by Credit Suisse Group AG Analysts

Airbus Group SE (EPA:AIR) received a €74.00 ($82.22) target price from investment analysts at Credit Suisse Group AG in a research note issued to investors on Tuesday. The brokerage presently has a a “buy” rating on the stock.

Several other research firms also recently weighed in on AIR. Nord/LB set a €60.00 ($66.67) price objective on Airbus Group SE and gave the company a “buy” rating in a report on Friday, July 29th. Goldman Sachs Group Inc. set a €68.00 ($75.56) price objective on Airbus Group SE and gave the company a “buy” rating in a report on Tuesday, July 19th. Commerzbank AG set a €62.00 ($68.89) price objective on Airbus Group SE and gave the company a “buy” rating in a report on Thursday, July 28th. JPMorgan Chase & Co. set a €55.50 ($61.67) price objective on Airbus Group SE and gave the company a “neutral” rating in a report on Wednesday, June 29th. Finally, Morgan Stanley set a €63.00 ($70.00) price objective on Airbus Group SE and gave the company a “neutral” rating in a report on Wednesday, June 15th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and fourteen have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of €65.56 ($72.84).

Airbus Group SE (EPA:AIR) opened at 52.48 on Tuesday. Airbus Group SE has a 1-year low of €48.07 and a 1-year high of €68.50. The firm’s 50-day moving average is €53.14 and its 200 day moving average is €53.64. The company has a market cap of €40.54 billion and a PE ratio of 14.05.

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