Airbus (EPA:AIR) Shares Pass Below 50 Day Moving Average of $123.48

Airbus SE (EPA:AIR – Get Rating)’s stock price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of €123.48 ($134.22) and traded as low as €121.60 ($132.17). Airbus shares last traded at €122.80 ($133.48), with a volume of 672,173 shares traded.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on AIR shares. Berenberg Bank set a €100.00 ($108.70) price target on Airbus in a report on Tuesday, March 7th. The Goldman Sachs Group set a €135.00 ($146.74) target price on Airbus in a research report on Monday, February 27th. UBS Group set a €105.00 ($114.13) price target on shares of Airbus in a research report on Friday, March 31st. Barclays set a €151.00 ($164.13) price objective on shares of Airbus in a report on Tuesday, February 21st. Finally, Stifel Nicolaus set a €140.00 ($152.17) target price on shares of Airbus in a report on Thursday, February 16th.

Airbus Price Performance

The stock’s 50 day moving average price is €123.48 and its 200-day moving average price is €117.97.

Airbus Company Profile

(Get Rating)

Airbus SE engages in the designing, manufacturing, and delivering 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 aircraft of approximately 100 seats; and regional turboprop aircraft and aircraft components, as well as provides aircraft conversion and related services.