TipRanks

Notifications

New Buy Rating for Airbus Group SE (EADSF), the Technology Giant

In a report released today, Chloe Lemaire from Jefferies maintained a Buy rating on Airbus Group SE (EADSFResearch Report), with a price target of EUR135.00. The company’s shares closed last Friday at $120.05.

According to TipRanks, Lemaire is a 4-star analyst with an average return of 13.9% and an 89.29% success rate.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Airbus Group SE with a $157.38 average price target, implying a 31.10% upside from current levels. In a report released on December 28, Barclays also maintained a Buy rating on the stock with a EUR155.00 price target.

See the top stocks recommended by analysts >>

Based on Airbus Group SE’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $13.31 billion and a net profit of $667 million. In comparison, last year the company earned a revenue of $10.52 billion and had a net profit of $404 million

Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of EADSF in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Airbus SE engages in the design, manufacture, delivery, and provision of aerospace products, space, and related services. It operates through the following segments: Airbus Commercial Aircraft; Airbus Helicopters; and Airbus Defence and Space. The Airbus Commercial Aircraft segment develops, manufactures, markets, and sells commercial jet aircrafts; and offers aircraft conversion and related services. The Airbus Helicopters segment deals with the development, manufacture, marketing, and sale of civil and military helicopters. The Airbus Defence and Space segment covers systems and services in the field of defence and space for governments, institutions, and commercial customers. The company was founded on December 29, 1998 and is headquartered in Leiden, the Netherlands.

Tags: