Airbus (OTCMKTS:EADSY) Rating Increased to Hold at Berenberg Bank

Berenberg Bank upgraded shares of Airbus (OTCMKTS:EADSY) from a sell rating to a hold rating in a research report report published on Friday, Marketbeat Ratings reports.

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

Airbus Price Performance

OTCMKTS:EADSY opened at $44.93 on Friday. The business’s 50-day moving average is $43.76 and its 200 day moving average is $40.04. Airbus has a 12 month low of $34.10 and a 12 month high of $47.50. The company has a market capitalization of $142.14 billion, a P/E ratio of 31.20, a P/E/G ratio of 2.65 and a beta of 1.47. 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 (OTCMKTS:EADSY) last released its quarterly 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. Airbus had a return on equity of 23.22% and a net margin of 6.10%. The company had revenue of $26.37 billion during the quarter, compared to analyst estimates of $24.22 billion. On average, equities research analysts forecast that Airbus will post 1.74 earnings per share for the current fiscal year.

Airbus Company Profile

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.