Morgan Stanley set a €150.00 ($174.42) price target on Airbus (EPA:AIR) in a report released on Wednesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other research firms also recently commented on AIR. Kepler Capital Markets restated a buy rating and issued a $134.00 price objective on shares of Airbus in a report on Tuesday, April 30th. Credit Suisse Group downgraded Air China from a neutral rating to an underperform rating in a report on Monday, June 10th. Independent Research set a €213.00 ($247.67) price objective on MTU Aero Engines and gave the stock a neutral rating in a report on Thursday, May 2nd. Jefferies Financial Group cut their price objective on National Beverage from $34.00 to $33.00 and set an underperform rating on the stock in a report on Thursday, June 27th. Finally, DZ Bank restated a hold rating on shares of Continental in a report on Friday, June 28th. Five research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average price target of €130.65 ($151.92).
Airbus stock opened at €127.68 ($148.47) on Wednesday. The stock has a 50-day moving average price of €121.71. Airbus has a 12 month low of €68.28 ($79.40) and a 12 month high of €99.97 ($116.24).
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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