November 28, 2016 - By Marie Mckinney
In a an analyst note revealed on 27 November, stock research analysts at Jefferies & Company Inc.’s research division upped Airbus Group (EPA:AIR)‘s stock to a “Buy”. They have a price target of EUR 75.00 on AIR or 24.30% more upside.
Out of 18 analysts covering Airbus Group (EPA:AIR), 13 rate it a “Buy”, 1 “Sell”, while 4 “Hold”. This means 72% are positive. €80 is the highest target while €47 is the lowest. The €66.56 average target is 10.88% above today’s (€60.03) stock price. Airbus Group has been the topic of 82 analyst reports since July 1, 2015 according to StockzIntelligence Inc. Jefferies upgraded the shares of AIR in a report on Friday, July 22 to “Buy” rating. As per Saturday, July 23, the company rating was upgraded by Commerzbank. The stock of Airbus Group SE (EPA:AIR) earned “Buy” rating by Kepler Cheuvreux on Tuesday, August 9. The company was upgraded on Monday, September 12 by Goldman Sachs. As per Saturday, July 30, the company rating was upgraded by Landesbank. The stock of Airbus Group SE (EPA:AIR) has “Buy” rating given on Friday, July 31 by DZ-Bank AG. The stock of Airbus Group SE (EPA:AIR) earned “Buy” rating by Landesbank on Wednesday, August 5. Commerzbank upgraded Airbus Group SE (EPA:AIR) rating on Saturday, September 24. Commerzbank has “Buy” rating and €62 price target. The stock of Airbus Group SE (EPA:AIR) has “Buy” rating given on Friday, August 14 by Deutsche Bank. Commerzbank upgraded the shares of AIR in a report on Tuesday, November 22 to “Buy” rating.
About 674,583 shares traded hands. Airbus Group SE (EPA:AIR) has risen 60.78% since April 25, 2016 and is uptrending. It has outperformed by 54.77% the S&P500.
Analysts await AAR Corp. (NYSE:AIR) to report earnings on December, 15.
Insitutional Activity: The institutional sentiment increased to 1.4 in Q2 2016. Its up 0.42, from 0.98 in 2016Q1. The ratio improved, as 16 funds sold all Airbus Group SE shares owned while 44 reduced positions. 10 funds bought stakes while 49 increased positions. They now own 28.77 million shares or 2.76% less from 29.58 million shares in 2016Q1.
Hbk Investments Limited Partnership last reported 0% of its portfolio in the stock. Connor Clark & Lunn Inv Limited accumulated 0% or 17,575 shares. Jpmorgan Chase And Comm, a New York-based fund reported 957,373 shares. The Kansas-based Creative Planning has invested 0% in Airbus Group SE (EPA:AIR). Patten holds 850 shares or 0% of its portfolio. Rice Hall James & Assoc Lc, a California-based fund reported 62,408 shares. Advisory Limited Liability Co reported 2 shares or 0% of all its holdings. Fuller & Thaler Asset has 0% invested in the company for 5,800 shares. Franklin Resource owns 4.07M shares or 0.05% of their US portfolio. Pinebridge Invests Lp holds 4,142 shares or 0% of its portfolio. National Bank Of Mellon holds 0% of its portfolio in Airbus Group SE (EPA:AIR) for 455,257 shares. Bnp Paribas Arbitrage Sa holds 0% of its portfolio in Airbus Group SE (EPA:AIR) for 10,865 shares. Heartland Advsr Incorporated holds 560,101 shares or 0.74% of its portfolio. Alliancebernstein Limited Partnership holds 0% of its portfolio in Airbus Group SE (EPA:AIR) for 53,619 shares. Renaissance Tech Limited Liability Co has invested 0.01% of its portfolio in Airbus Group SE (EPA:AIR).
Insider Transactions: Since September 26, 2016, the stock had 0 insider buys, and 3 selling transactions for $940,285 net activity. Regan Robert J sold $432,903 worth of Airbus Group SE (EPA:AIR) on Friday, September 30. $145,659 worth of Airbus Group SE (EPA:AIR) was sold by PACE PETER. Holmes John McClain III sold 11,500 shares worth $361,723.
Airbus Group SE, formerly Airbus Group NV, known as European Aeronautic Defence and Space Company EADS NV, is a France company, incorporated in the Netherlands, active within the aerospace and defense industry. The company has a market cap of 46.39 billion EUR. The Firm makes aircrafts, helicopters, commercial space launch vehicles, missiles, satellites, defense systems and defense electronics, and offers services related to these activities. It has a 17.99 P/E ratio. It operates four divisions.
According to Zacks Investment Research, “AAR Corp. is a worldwide leader in supplying aftermarket products and services to the global aerospace/aviation industry. It provides aircraft, engines and engine parts; airframe and accessories products; overhaul, repair and maintenance services and company-manufactured products to customers in all segments of this industry, including the world’s largest commercial airlines and air cargo operators, original equipment manufacturers, domestic and foreign military and government agencies, aircraft leasing companies and maintenance service providers.”
AAR CORP. (AAR), incorporated on April 11, 1966, is a well-known provider of services and products to the commercial aviation and government and defense markets. The Firm operates through two divisions: Aviation Services, which consists of supply chain and maintenance, repair and overhaul (MRO) activities, and Expeditionary Services, which includes airlift and mobility activities. The Company’s services and products include aviation supply chain and parts support programs; MRO of airframes, landing gear and certain other airframe components; design and manufacture of specialized pallets, shelters and containers; expeditionary airlift services, and aircraft modifications and aircraft and engine sales and leasing. The Firm serves commercial, defense and governmental aircraft fleet operators, original equipment manufacturers (OEMs) and independent service providers around the world, and various other domestic and foreign military customers.
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