UBS Group set a €125.00 ($145.35) price target on Safran (EPA:SAF) in a research report sent to investors on Friday, www.boersen-zeitung.de reports. The firm currently has a neutral rating on the stock.
A number of other brokerages have also weighed in on SAF. JPMorgan Chase & Co. set a €130.00 ($151.16) target price on Safran and gave the company a buy rating in a research note on Tuesday, September 18th. Deutsche Bank set a €136.00 ($158.14) target price on Safran and gave the company a buy rating in a research note on Friday, September 7th. Credit Suisse Group set a €95.00 ($110.47) target price on Safran and gave the company a sell rating in a research note on Wednesday, October 10th. Oddo Bhf set a €135.00 ($156.98) target price on Safran and gave the company a buy rating in a research note on Friday, November 23rd. Finally, Goldman Sachs Group set a €137.00 ($159.30) price objective on Safran and gave the stock a buy rating in a research report on Tuesday, November 27th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the stock. Safran currently has an average rating of Hold and a consensus price target of €124.36 ($144.61).
Safran has a 12 month low of €67.17 ($78.10) and a 12 month high of €92.36 ($107.40).
Safran SA, together with its subsidiaries, engages in the aerospace and defense businesses worldwide. The company operates through three segments: Aerospace Propulsion, Aircraft Equipment, and Defense. The Aerospace Propulsion segment designs, develops, produces, and markets propulsion systems for commercial aircraft, military transport, training and combat aircraft, rocket engines, civil and military helicopters, and tactical missiles and drones.
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