Airbus (AIR) Given a €83.00 Price Target at Independent Research

Airbus (EPA:AIR) received a €83.00 ($98.81) target price from investment analysts at Independent Research in a research report issued to clients and investors on Friday. The brokerage presently has a “sell” rating on the stock. Independent Research’s target price indicates a potential downside of 6.90% from the company’s previous close.

Other equities research analysts have also issued research reports about the company. Kepler Capital Markets set a €77.00 ($91.67) price target on Airbus and gave the company a “neutral” rating in a research report on Monday, October 9th. Jefferies Group set a €75.00 ($89.29) price target on Airbus and gave the company a “neutral” rating in a research report on Monday, October 9th. Citigroup set a €79.00 ($94.05) price target on Airbus and gave the company a “neutral” rating in a research report on Thursday, October 5th. BNP Paribas set a €79.00 ($94.05) price target on Airbus and gave the company a “buy” rating in a research report on Wednesday, October 18th. Finally, JPMorgan Chase & Co. set a €99.00 ($117.86) price target on Airbus and gave the company a “buy” rating in a research report on Wednesday, November 1st. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and eleven have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of €90.59 ($107.84).

Shares of Airbus (EPA AIR) opened at €89.15 ($106.13) on Friday. Airbus has a 52-week low of €62.46 ($74.36) and a 52-week high of €94.00 ($111.90). The company has a market capitalization of $69,050.00 and a PE ratio of 67.03.

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Airbus Company Profile

Airbus SE, through its subsidiaries, provides aeronautics, space, and related products and services worldwide. The company operates through three segments: Airbus Commercial Aircraft, Airbus Helicopters, and Airbus Defence and Space segments. The Airbus Commercial Aircraft 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.

Analyst Recommendations for Airbus (EPA:AIR)

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