Airbus (EPA:AIR) has been assigned a €140.00 ($162.79) target price by analysts at Berenberg Bank in a report issued on Wednesday, June 26th, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s price target would indicate a potential upside of 5.98% from the company’s previous close.
Several other research analysts also recently commented on the company. Deutsche Bank restated a “buy” rating and issued a $18.00 target price on shares of STMicroelectronics in a research note on Monday, April 15th. Goldman Sachs Group set a €6.20 ($7.21) price target on Kloeckner & Co SE and gave the company a “buy” rating in a report on Thursday, June 20th. Independent Research set a €213.00 ($247.67) price objective on MTU Aero Engines and gave the company a “neutral” rating in a report on Thursday, May 2nd. UBS Group raised their price objective on Spotify Technology from $180.00 to $182.00 and gave the company a “buy” rating in a report on Tuesday, April 30th. Finally, Kepler Capital Markets reissued a “buy” rating and set a $134.00 price objective on shares of Airbus in a report on Tuesday, April 30th. Five analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of €132.24 ($153.76).
Shares of AIR stock traded up €0.14 ($0.16) on Wednesday, hitting €132.10 ($153.60). 918,163 shares of the stock were exchanged, compared to its average volume of 2,310,000. Airbus has a one year low of €68.28 ($79.40) and a one year high of €99.97 ($116.24). The firm has a 50 day moving average price of €123.01.
Airbus SE provides aerospace products, services, and solutions in the Netherlands and internationally. The company operates in three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space segments. 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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