Airbus (EPA:AIR) PT Set at €91.00 by Goldman Sachs Group

Airbus (EPA:AIR) received a €91.00 ($107.06) target price from investment analysts at Goldman Sachs Group in a research note issued on Tuesday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Goldman Sachs Group’s price objective would suggest a potential upside of 28.55% from the stock’s previous close.

Several other equities analysts also recently weighed in on the company. Berenberg Bank set a €69.00 ($81.18) target price on Airbus and gave the company a “neutral” rating in a research report on Tuesday, August 4th. Nord/LB set a €63.00 ($74.12) target price on Airbus and gave the company a “sell” rating in a research report on Wednesday, August 12th. Barclays set a €71.00 ($83.53) target price on Airbus and gave the company a “buy” rating in a research report on Monday, August 10th. Morgan Stanley set a €73.00 ($85.88) target price on Airbus and gave the company a “neutral” rating in a research report on Wednesday, September 9th. Finally, DZ Bank reaffirmed a “sell” rating on shares of Airbus in a research report on Friday, August 14th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the company. Airbus presently has a consensus rating of “Hold” and a consensus target price of €74.91 ($88.13).

Shares of AIR opened at €70.79 ($83.28) on Tuesday. Airbus has a 12-month low of €68.28 ($80.33) and a 12-month high of €99.97 ($117.61). The company’s 50-day moving average price is €69.33 and its 200 day moving average price is €67.24.

About Airbus

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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