Morgan Stanley Reiterates “€150.00” Price Target for Airbus (EPA:AIR)

Morgan Stanley set a €150.00 ($174.42) target price on Airbus (EPA:AIR) in a research report report published on Thursday, June 20th, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Several other equities analysts have also recently weighed in on the stock. UBS Group raised their target price on shares of Spotify Technology from $180.00 to $182.00 and gave the company a buy rating in a research note on Tuesday, April 30th. Kepler Capital Markets reissued a buy rating and issued a $134.00 target price on shares of Airbus in a research note on Tuesday, April 30th. Credit Suisse Group cut shares of Air China from a neutral rating to an underperform rating in a research note on Monday, June 10th. JPMorgan Chase & Co. reaffirmed a buy rating on shares of Intel in a report on Tuesday, June 11th. Finally, Jefferies Financial Group set a €110.00 ($127.91) price target on Airbus and gave the company a buy rating in a report on Friday, June 14th. Five research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. Airbus presently has an average rating of Buy and an average price target of €130.65 ($151.92).

AIR stock traded up €1.70 ($1.98) during mid-day trading on Thursday, hitting €127.68 ($148.47). 1,023,854 shares of the company were exchanged, compared to its average volume of 2,310,000. The business has a 50 day simple moving average of €121.71. Airbus has a 1-year low of €68.28 ($79.40) and a 1-year high of €99.97 ($116.24).

About Airbus

Airbus SE provides aerospace products, services, and solutions in the Netherlands and internationally. The company operates in three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space segments. The Airbus 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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Analyst Recommendations for Airbus (EPA:AIR)

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