Airbus SE (EPA:AIR – Get Rating) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of €100.89 ($104.01) and traded as high as €104.48 ($107.71). Airbus shares last traded at €104.10 ($107.32), with a volume of 1,087,103 shares.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently weighed in on AIR shares. Jefferies Financial Group set a €145.00 ($149.48) price target on Airbus in a report on Thursday, July 28th. The Goldman Sachs Group set a €182.00 ($187.63) price target on Airbus in a report on Monday, July 18th. Deutsche Bank Aktiengesellschaft set a €142.00 ($146.39) price target on Airbus in a report on Monday, July 11th. UBS Group set a €139.00 ($143.30) price objective on Airbus in a research report on Thursday, July 28th. Finally, JPMorgan Chase & Co. set a €180.00 ($185.57) price objective on Airbus in a research report on Tuesday, July 12th.
Airbus Stock Performance
The stock has a 50-day simple moving average of €100.89 and a 200-day simple moving average of €105.71.
Airbus SE engages in the designing, manufacturing, and delivering aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. 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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