Airbus (EPA:AIR) Given a €94.00 Price Target by Morgan Stanley Analysts

Airbus (EPA:AIR) has been assigned a €94.00 ($105.62) price objective by analysts at Morgan Stanley in a research note issued to investors on Wednesday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Morgan Stanley’s target price would suggest a potential upside of 39.67% from the company’s current price.

Several other equities research analysts have also commented on AIR. Goldman Sachs Group set a €84.00 ($94.38) price target on shares of Airbus and gave the stock a “buy” rating in a research note on Wednesday, July 1st. JPMorgan Chase & Co. set a €51.00 ($57.30) price target on shares of Airbus and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Barclays set a €68.00 ($76.40) price objective on shares of Airbus and gave the stock a “buy” rating in a report on Thursday, May 7th. Jefferies Financial Group set a €80.00 ($89.89) price objective on shares of Airbus and gave the stock a “buy” rating in a report on Tuesday, June 30th. Finally, Credit Suisse Group set a €82.00 ($92.13) price target on shares of Airbus and gave the company a “buy” rating in a report on Monday. One investment analyst has rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of €79.08 ($88.86).

EPA:AIR traded down €0.42 ($0.47) during midday trading on Wednesday, hitting €67.30 ($75.62). 1,608,022 shares of the company were exchanged, compared to its average volume of 2,310,000. The company has a fifty day simple moving average of €63.92 and a 200 day simple moving average of €90.35. Airbus has a fifty-two week low of €68.28 ($76.72) and a fifty-two week high of €99.97 ($112.33).

Airbus Company Profile

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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Analyst Recommendations for Airbus (EPA:AIR)

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