Airbus (OTCMKTS:EADSY) Upgraded by Berenberg Bank to Hold Rating

Airbus (OTCMKTS:EADSY) was upgraded by equities research analysts at Berenberg Bank from a “sell” rating to a “hold” rating in a report released on Friday, MarketBeat reports.

EADSY has been the topic of several other research reports. Jefferies Financial Group downgraded shares of Airbus from a “buy” rating to a “hold” rating in a report on Friday, February 21st. Morgan Stanley reiterated an “overweight” rating on shares of Airbus in a report on Monday, March 10th.

Airbus Stock Down 0.8 %

EADSY stock opened at $44.93 on Friday. The company has a current ratio of 1.15, a quick ratio of 0.44 and a debt-to-equity ratio of 0.85. Airbus has a 1 year low of $34.10 and a 1 year high of $47.50. The company has a fifty day simple moving average of $43.76 and a 200 day simple moving average of $40.06. The firm has a market cap of $142.14 billion, a PE ratio of 31.20, a PEG ratio of 2.65 and a beta of 1.47.

Airbus (OTCMKTS:EADSY) last announced its earnings results on Thursday, February 20th. The aerospace company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.66 by $0.16. The firm had revenue of $26.37 billion for the quarter, compared to the consensus estimate of $24.22 billion. Airbus had a net margin of 6.10% and a return on equity of 23.22%. Sell-side analysts anticipate that Airbus will post 1.74 EPS for the current fiscal year.

About Airbus

Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of 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 passenger aircraft, freighter aircraft, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services.