Shares of Airbus SE (OTCMKTS:EADSF) have been assigned an average recommendation of “Buy” from the six brokerages that are covering the stock, Marketbeat reports. Six analysts have rated the stock with a buy recommendation. The average 12-month target price among analysts that have covered the stock in the last year is $142.33.
Separately, UBS Group reaffirmed a “buy” rating and issued a $153.00 target price on shares of Airbus in a research report on Tuesday, September 24th.
Shares of OTCMKTS:EADSF traded up $1.02 on Friday, hitting $140.93. The company had a trading volume of 1,251 shares, compared to its average volume of 4,600. The firm’s 50-day simple moving average is $144.20 and its two-hundred day simple moving average is $139.10. Airbus has a 1 year low of $91.00 and a 1 year high of $150.26.
A hedge fund recently bought a new stake in Airbus stock. Tocqueville Asset Management L.P. purchased a new position in Airbus SE (OTCMKTS:EADSF) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 32,940 shares of the company’s stock, valued at approximately $4,670,000.
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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