Citi Sticks to Its Hold Rating for Airbus Group SE (EADSF)

In a report released today, Charles Armitage from Citi maintained a Hold rating on Airbus Group SE, with a price target of €208.00.

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Armitage covers the Industrials sector, focusing on stocks such as Airbus Group SE, Babcock International, and Dassault Aviation. According to TipRanks, Armitage has an average return of 26.5% and an 80.19% success rate on recommended stocks.

In addition to Citi, Airbus Group SE also received a Hold from Jefferies’s Chloe Lemarie in a report issued on January 30. However, yesterday, Goldman Sachs maintained a Buy rating on Airbus Group SE (Other OTC: EADSF).

Based on Airbus Group SE’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of €17.83 billion and a net profit of €1.12 billion. In comparison, last year the company earned a revenue of €15.69 billion and had a net profit of €983 million

Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EADSF in relation to earlier this year.