SAF-HOLLAND S.A. (ETR:SFQ) PT Set at €14.00 by HSBC Holdings plc

HSBC Holdings plc set a €14.00 ($16.47) price target on SAF-HOLLAND S.A. (ETR:SFQ) in a research report sent to investors on Tuesday, July 25th. The firm currently has a neutral rating on the stock.

Several other research firms have also recently commented on SFQ. Hauck & Aufhaeuser set a €19.00 ($22.35) price objective on shares of SAF-HOLLAND and gave the company a buy rating in a research report on Tuesday, June 13th. 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 report on Saturday, May 20th. Commerzbank Ag set a €16.50 ($19.41) price target on shares of SAF-HOLLAND and gave the stock a neutral rating in a research report on Saturday, May 20th. equinet AG set a €17.00 ($20.00) price target on shares of SAF-HOLLAND and gave the stock a buy rating in a research report on Saturday, May 20th. Finally, Warburg Research set a €19.00 ($22.35) price target on shares of SAF-HOLLAND and gave the stock a buy rating in a research report on Monday, May 29th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. SAF-HOLLAND has an average rating of Buy and an average target price of €17.22 ($20.26).

Shares of SAF-HOLLAND (SFQ) traded down 1.05% on Tuesday, hitting €15.81. The company’s stock had a trading volume of 1,120 shares. SAF-HOLLAND has a 1-year low of €9.93 and a 1-year high of €16.80. The company has a 50 day moving average of €15.25 and a 200 day moving average of €15.13. The firm has a market cap of €717.16 million and a PE ratio of 19.74.

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About SAF-HOLLAND

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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