Airbus Group (EPA:AIR) Rating Improved
In an Analyst report sent to clients and investors on Friday morning, equity research analysts at Norddeutsche Landesbank’s equity research division upgraded Airbus Group (EPA:AIR)’s stock to “Buy”. They have a price target of EUR 60.00 on AIR or 14.07 % more upside.
Despite this stock rating upgrade EPA:AIR is at the moment trading -1.75% lower at EUR 52.63 as of 22:04 Frankfurt time. Airbus Group’s stock is down -12.53% over the last 200 days. It has underperformed the S&P 500 Index, which has increased 7.56% over the same time.
EPA:AIR Price Chart & Trend
The stock price of Airbus Group dropped 12.53% over the last 200 days, and is in strong down trend. In the last 50 and 100 days, Airbus Group is down 3.27% and down 12.47%, respectively. Our stocks momentum model is shown on the price chart below.
Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models
Airbus Group (EPA:AIR) Profile
Airbus Group SE, formerly Airbus Group NV, known as European Aeronautic Defence and Space Company EADS NV, is a France-based company, incorporated in the Netherlands, active within the aerospace and defense industry. The Company manufactures aircrafts, helicopters, commercial space launch vehicles, missiles, satellites, defense systems and defense electronics, and offers services related to these activities. It operates four divisions.
Airbus Group (EPA:AIR) traded down -1.75% on 29 July, hitting EUR 52.63. A total of 2.12M shares of the company’s stock traded hands. This is down from average of 2.55M shares. Airbus Group has a 52 week low of EUR 48.07 and a 52 week high of EUR 68.5. The company has a market cap of 40.67B EUR and a P/E ratio of 17.95.
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