Morgan Stanley Reaffirms Equal Weight Rating for Airbus (OTCMKTS:EADSY)

Morgan Stanley reiterated their equal weight rating on shares of Airbus (OTCMKTS:EADSY) in a research note issued to investors on Monday morning, The Fly reports.

EADSY has been the subject of several other research reports. Societe Generale upgraded shares of Airbus from a sell rating to a hold rating in a research report on Friday, April 30th. JPMorgan Chase & Co. restated an overweight rating on shares of Airbus in a research report on Friday, May 28th. Zacks Investment Research upgraded shares of Airbus from a strong sell rating to a hold rating in a research report on Tuesday, June 22nd. Citigroup upgraded shares of Airbus from a neutral rating to a buy rating in a research report on Thursday, July 15th. Finally, Barclays reiterated an equal weight rating on shares of Airbus in a research note on Wednesday, June 2nd. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of $28.00.

EADSY stock opened at $32.82 on Monday. Airbus has a 12 month low of $17.16 and a 12 month high of $34.72. The firm has a market capitalization of $102.93 billion, a price-to-earnings ratio of -468.79 and a beta of 1.85. The company’s 50 day simple moving average is $32.35. The company has a current ratio of 1.14, a quick ratio of 0.55 and a debt-to-equity ratio of 2.77.

Airbus (OTCMKTS:EADSY) last released its earnings results on Thursday, April 29th. The aerospace company reported $0.14 EPS for the quarter. Airbus had a negative net margin of 0.33% and a negative return on equity of 8.24%. The business had revenue of $12.61 billion during the quarter. Equities analysts forecast that Airbus will post 0.7 earnings per share for the current year.

About Airbus

Airbus SE engages in the design, manufacture, delivery and provision of aerospace products, space and related services. It operates through the following segments: Airbus Commercial Aircraft, Airbus Helicopters and Airbus Defence and Space. The Airbus Commercial Aircraft segment develops, manufactures, markets and sells commercial jet aircrafts and offers aircraft conversion and related services.

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