Goldman Sachs Reaffirms Their Buy Rating on Airbus Group SE (EADSF)
Goldman Sachs analyst Sam Burgess maintained a Buy rating on Airbus Group SE today and set a price target of €250.00.
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Burgess covers the Industrials sector, focusing on stocks such as Airbus Group SE, Rolls-Royce Holdings, and MTU Aero Engines. According to TipRanks, Burgess has an average return of 35.0% and an 80.00% success rate on recommended stocks.
In addition to Goldman Sachs, Airbus Group SE also received a Buy from Deutsche Bank ‘s Christophe Menard in a report issued on January 13. However, on the same day, Kepler Capital maintained a Hold 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.
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