Airbus (AIR) PT Set at €80.00 by Nord/LB

Airbus (EPA:AIR) has been given a €80.00 ($95.24) price target by Nord/LB in a research note issued to investors on Friday. The firm presently has a “sell” rating on the stock. Nord/LB’s price objective indicates a potential downside of 13.23% from the stock’s previous close.

A number of other equities research analysts have also recently issued reports on AIR. Kepler Capital Markets set a €90.00 ($107.14) price objective on shares of Airbus and gave the stock a “neutral” rating in a report on Wednesday. JPMorgan Chase & Co. set a €110.00 ($130.95) price objective on shares of Airbus and gave the stock a “buy” rating in a report on Friday. UBS Group set a €102.00 ($121.43) price objective on shares of Airbus and gave the stock a “buy” rating in a report on Tuesday. Deutsche Bank set a €97.00 ($115.48) price objective on shares of Airbus and gave the stock a “buy” rating in a report on Monday. Finally, Goldman Sachs Group set a €113.00 ($134.52) price objective on shares of Airbus and gave the stock a “buy” rating in a report on Monday. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and eleven have assigned a buy rating to the company. Airbus currently has a consensus rating of “Buy” and an average price target of €90.41 ($107.63).

Shares of Airbus (EPA:AIR) traded up €1.80 ($2.14) during trading hours on Friday, reaching €92.20 ($109.76). 1,040,000 shares of the company were exchanged, compared to its average volume of 1,600,000. The company has a market capitalization of $71,410.00 and a PE ratio of 69.32. Airbus has a 12-month low of €62.46 ($74.36) and a 12-month high of €92.27 ($109.85).

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About Airbus

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.

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