Hauck & Aufhaeuser Reiterates €20.00 Price Target for SAF-HOLLAND S.A. (ETR:SFQ)

SAF-HOLLAND S.A. (ETR:SFQ) has been given a €20.00 ($23.53) price target by research analysts at Hauck & Aufhaeuser in a note issued to investors on Tuesday, July 25th. The firm presently has a “buy” rating on the stock.

Other research analysts have also issued reports about the stock. Macquarie set a €18.00 ($21.18) price objective on shares of SAF-HOLLAND and gave the company a “buy” rating in a research note on Monday, May 29th. equinet AG set a €17.00 ($20.00) price objective on shares of SAF-HOLLAND and gave the company a “buy” rating in a research note on Saturday, May 20th. Commerzbank Ag set a €16.50 ($19.41) price objective on shares of SAF-HOLLAND and gave the company a “neutral” rating in a research note on Monday, May 29th. Deutsche Bank AG set a €15.00 ($17.65) price objective on shares of SAF-HOLLAND and gave the company a “neutral” rating in a research note on Saturday, May 20th. Finally, HSBC Holdings plc set a €14.00 ($16.47) price objective on shares of SAF-HOLLAND and gave the company a “neutral” rating in a research note on Tuesday, July 25th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of €17.22 ($20.26).

Shares of SAF-HOLLAND (ETR SFQ) opened at 15.445 on Tuesday. The firm has a market capitalization of €700.60 million and a P/E ratio of 18.192. SAF-HOLLAND has a 52-week low of €9.93 and a 52-week high of €16.80. The firm has a 50-day moving average price of €15.19 and a 200-day moving average price of €15.09.

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SAF-HOLLAND Company Profile

Saf-Holland SA is a Luxembourg-based company principally engaged in the supply of value-added trailer, truck, tractor, bus and motor home components and systems. The Company’s activities are divided into three business units: Trailer Systems, includes manufacturing axle systems, suspension systems, kingpins and coupling devices, landing legs and other components for the transport trailer industry; Powered Vehicle Systems, including fifth wheels, suspension systems for heavy-duty commercial vehicles, buses, and recreational vehicles, and Aftermarket, which supplies spare parts for vehicle manufacturers and dealers’ organizations, as well as independent workshops and fleet operators with spare parts from SAF-HOLLAND and third-party manufacturers.

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