There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Airbus Group SE (EADSF – Research Report) and Archer Aviation (ACHR – Research Report) with bullish sentiments.
Airbus Group SE (EADSF)
In a report issued on January 30, Victor Allard from Goldman Sachs maintained a Buy rating on Airbus Group SE, with a price target of EUR175.00. The company’s shares closed last Wednesday at $160.43, close to its 52-week high of $165.25.
Currently, the analyst consensus on Airbus Group SE is a Moderate Buy with an average price target of $169.95, implying a 5.5% upside from current levels. In a report issued on January 26, Citi also initiated coverage with a Buy rating on the stock.
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Archer Aviation (ACHR)
Canaccord Genuity analyst Austin Moeller maintained a Buy rating on Archer Aviation yesterday and set a price target of $9.00. The company’s shares closed last Wednesday at $4.83.
According to TipRanks.com, Moeller is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of
Archer Aviation has an analyst consensus of Strong Buy, with a price target consensus of $8.50.
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Read More on EADSF:
- Delta begins refresh on select Boeing jets, expanding Delta One on Airbus fleet
- United Airlines CEO Mulls Airbus Order
- Six injured after American Airlines flight makes hard landing, CNN reports
- United chief kickstarts Airbus talks amid Boeing delays, Reuters reports
- Airbus price target raised to EUR 105 from EUR 100 at Berenberg
