Airbus (OTCMKTS:EADSY) Upgraded at Berenberg Bank

Berenberg Bank upgraded shares of Airbus (OTCMKTS:EADSY - Free Report) from a sell rating to a hold rating in a report issued on Friday, MarketBeat Ratings reports.

Several other equities research analysts have also recently issued reports on the stock. Jefferies Financial Group cut shares of Airbus from a "buy" rating to a "hold" rating in a research note on Friday, February 21st. Morgan Stanley reaffirmed an "overweight" rating on shares of Airbus in a research note on Monday, March 10th.

Airbus Price Performance

EADSY traded up $1.26 during midday trading on Friday, hitting $46.47. 1,024,815 shares of the company traded hands, compared to its average volume of 537,781. Airbus has a 52-week low of $34.10 and a 52-week high of $47.50. The company has a current ratio of 1.15, a quick ratio of 0.44 and a debt-to-equity ratio of 0.85. The business has a 50 day simple moving average of $44.00 and a two-hundred day simple moving average of $40.22. The company has a market capitalization of $147.02 billion, a price-to-earnings ratio of 32.27, a PEG ratio of 2.65 and a beta of 1.47.

Airbus (OTCMKTS:EADSY - Get Free Report) last announced its earnings results on Thursday, February 20th. The aerospace company reported $0.82 EPS for the quarter, beating analysts' consensus estimates of $0.66 by $0.16. The business had revenue of $26.37 billion during the quarter, compared to analysts' expectations of $24.22 billion. Airbus had a return on equity of 23.22% and a net margin of 6.10%. On average, equities 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.