Airbus Group (EPA:AIR) Rating Reaffirmed
Recently, In analysts note sent to investors and clients on 2 December, Airbus Group (EPA:AIR) shares have had their “Neutral” Rating reaffirmed by equity analysts at Goldman Sachs Group Inc., who currently has a EUR 64.00 Estimated Target Price on firm. This target by Goldman Sachs Group Inc. would now indicate the possibile downside of -5.00% from the closing share price.
From a total of 4 analysts covering Airbus Group (EPA:AIR) stock, 3 rate it a ”Buy”, 0 a “Sell”, and 1 a ”Hold”. This means that 75% of the ratings are positive. The highest target price is €36 while the lowest target price is €23. The mean of all analyst targets is €30.5 with a 7.23% above today’s (€67.25) stock price. Airbus Group was the topic of 18 analyst reports since July 1, 2015 according to the firm StockzIntelligence Inc. Goldman Sachs maintained shares on November 24 with “Neutral” rating. Societe Generale upgraded shares to “Buy” rating and €73 target share price in a report from an October 31. Independent Research maintained AIR stock in a recent report from November 17 with “Hold” rating. Landesbank upgraded the rating on October 31. Landesbank has a “Buy” rating and a €75 price target on shares. Finally, S&P Research upgraded the stock to “Buy” rating in a report issued on an October 31.
The stock decreased 1.74% or EUR 1.19 on December 1, striking EUR 67.25. Approximately 2.22M shares of stock traded hands. Airbus Group SE (EPA:AIR) has declined 18.86% since April 29, 2015 and is downtrending. It has underperformed by 17.24% the S&P500.
Analysts await AAR Corp. (NYSE:AIR) to reports earnings on December, 17. They expect $0.30 earnings per share, down 21.05% or $0.08 from last year’s $0.38 per share. AIR’s profit will be $10.44M for 20.54 P/E if the $0.30 EPS becomes reality. After $0.23 actual earnings per share reported by AAR Corp. for the previous quarter, Wall Street now forecasts 30.43% EPS growth.
Airbus Group SE, formerly Airbus Group NV, known as European Aeronautic Defence and Space Company EADS NV, is a France firm active within the aerospace and defense sector. The company has a market cap of 52.62 billion EUR. The Firm makes aircrafts, helicopters, commercial space launch vehicles, missiles, satellites, defense systems and defense electronics, and offers services related to these activities. It has 18.56 P/E ratio. It operates four divisions.
According to Zacks Investment Research, “AAR Corp. is a worldwide leader in supplying aftermarket products and services to the global aerospace/aviation industry. It provides aircraft, engines and engine parts; airframe and accessories products; overhaul, repair and maintenance services and company-manufactured products to customers in all segments of this industry, including the world’s largest commercial airlines and air cargo operators, original equipment manufacturers, domestic and foreign military and government agencies, aircraft leasing companies and maintenance service providers.” Get a free copy of the Zacks research report on Airbus Group SE (AIR)