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Airbus Group (EPA:AIR) Upgraded by Analysts at Norddeutsche Landesbank to “Buy” Rating with EUR 60.00 TP

London Airbus Group EPA:AIR

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. Airbus Group (EPA:AIR) Upgraded by Analysts at Norddeutsche Landesbank to "Buy" Rating with EUR 60.00 TP

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

AIR Stock Chart

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.

Get the latest Airbus Group (EPA:AIR) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post Airbus Group (EPA:AIR) Upgraded by Analysts at Norddeutsche Landesbank to “Buy” Rating with EUR 60.00 TP appeared first on Octafinance.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

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Airbus Group (EPA:AIR) Upgraded by Analysts at Norddeutsche Landesbank to “Buy” Rating with EUR 60.00 TP

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