Airbus Group (EPA:AIR) Stock Upgrade
The rating of Airbus Group (EPA:AIR) was lifted today by stock analysts at DZ-Bank AG to a “Buy” rating in a recent research report.
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 15.46% above today’s (€62.28) stock price. Airbus Group was the topic of 20 analyst reports since July 1, 2015 according to the firm StockzIntelligence Inc. Kepler Cheuvreux upgraded shares on December 5 to “Buy” rating. S&P Research upgraded shares to “Buy” rating and €72 target share price in a report from an October 31. DZ-Bank AG upgraded AIR stock in a recent report from November 18 to “Buy” rating. Societe Generale upgraded the rating on October 31. Societe Generale has a “Buy” rating and a €73 price target on shares. Finally, Bernstein maintained the stock with “Market Perform” rating in a report issued on a November 14.
The stock decreased 2.96% or EUR 1.9 on December 11, striking EUR 62.28. Approximately 2.84M shares of stock traded hands or 19.83% up from the average. Airbus Group SE (EPA:AIR) has declined 25.43% since May 8, 2015 and is downtrending. It has underperformed by 22.42% 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 $11.13M for 18.15 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.
The overall sentiment of institutions has increased to 1 in Q2 2015. Its up 0.44, from 0.56 in 2015Q2. The ratio is positive, as 24 institutions have sold all the shares of Airbus Group SE that they owned while 47 funds have taken shares off the table. 21 funds have purchased shares for the first time while 50 added to their positions. These institutions now hold 39.34 million shares or 25.69% more than the 31.30 million shares they owned in 2015Q2.
The Fund Irving Magee Investment Management currently is holding shares equating to 1.92% of its total portfolio in Airbus Group SE representing a total of 194,633 shares. Another fund,Buckhead Capital Management Llc, is holding a total of 230,000 shares equating to 0.85% of their holdings. Additionally, Gw Capital Inc has a 659,681 share stake in Airbus Group SE which represents 0.81% of their total portfolio. The Fund, Dreman Value Management L L C, based out of Florida, has also built up a stake in the stock, which represents a total of 0.69% of their total portfolio. Finally Campbell & Co Investment Adviser Llc, a fund which is based in the state of Maryland reported a total holdings of 43,042 shares.
Insider activity is a very important aspect to track on any stock. Going back to April 6, 2015, shareholders of Airbus Group SE have witnessed 1 insider purchase, and a total of 2 insider sales equating to a net activity of approximately $74,165 . Walfish Marc Jay bought 20,000 shares worth approximately $376,806. Sharp Michael J sold 5,000 shares worth approximately $151,058. Pace Peter sold 5,000 shares worth approximately $151,583. Fogleman Ronald R sold 12,666 shares worth approximately $373,118. The company insider Romenesko Timothy J sold 41,493 shares worth $1.25 million.
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 48.55 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 17.19 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).