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Berenberg Bank Stick to Their Buy Rating for Airbus Group SE

Jun 15, 2021 03:25AM ET
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Berenberg Bank analyst Andrew Gollan maintained a Buy rating on Airbus Group SE (OTC:EADSF) on Monday, setting a price target of EUR140, which is approximately 24.73% above the present share price of $136.02.

Gollan expects Airbus Group (PA:AIR) SE to post earnings per share (EPS) of $0.46 for the second quarter of 2021.

The current consensus among 15 TipRanks analysts is for a Moderate Buy rating of shares in Airbus Group SE, with an average price target of $143.68.
The analysts price targets range from a high of $172.08 to a low of $103.

In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $10.46 billion and a net profit of $349 million. The company's market cap is $106.86 billion.

According to TipRanks.com, Berenberg Bank analyst Andrew Gollan is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 9.7% and a 62.50% success rate.

Airbus SE (OTC:EADSY) engages in the design, manufacture, delivery, and provision of aerospace products, space, and related services. It operates through the following segments: Airbus Commercial Aircraft; Airbus Helicopters; and Airbus Defence and Space. The Airbus Commercial Aircraft segment develops, manufactures, markets, and sells commercial jet aircrafts; and offers aircraft conversion and related services. The Airbus Helicopters segment deals with the development, manufacture, marketing, and sale of civil and military helicopters. The Airbus Defence and Space segment covers systems and services in the field of defence and space for governments, institutions, and commercial customers. The company was founded on December 29, 1998 and is headquartered in Leiden, the Netherlands.

Berenberg Bank Stick to Their Buy Rating for Airbus Group SE
 

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