Goldman Sachs Group Reaffirms “Buy” Rating for Airbus (AIR)

Airbus (EPA:AIR)‘s stock had its “buy” rating reiterated by analysts at Goldman Sachs Group in a research note issued to investors on Wednesday.

Several other analysts have also recently commented on AIR. Deutsche Bank set a €77.50 ($92.26) target price on Airbus and gave the stock a “buy” rating in a research report on Wednesday, August 30th. Bank of America set a €75.00 ($89.29) target price on Airbus and gave the stock a “neutral” rating in a research report on Friday, September 1st. UBS set a €90.00 ($107.14) target price on Airbus and gave the stock a “buy” rating in a research report on Monday, September 4th. Citigroup set a €79.00 ($94.05) target price on Airbus and gave the stock a “neutral” rating in a research report on Thursday, September 7th. Finally, BNP Paribas set a €79.00 ($94.05) target price on Airbus and gave the stock a “buy” rating in a research report on Wednesday, September 20th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of €84.95 ($101.13).

Shares of Airbus (EPA:AIR) opened at €88.38 ($105.21) on Wednesday. Airbus has a 12-month low of €58.09 ($69.15) and a 12-month high of €89.12 ($106.10).

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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.

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