Credit Suisse Group set a €136.00 ($158.14) price target on Safran (EPA:SAF) in a research report released on Wednesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other research firms have also recently weighed in on SAF. UBS Group set a €128.00 ($148.84) price objective on Safran and gave the stock a neutral rating in a research report on Thursday, September 5th. Societe Generale set a €150.00 ($174.42) price objective on Safran and gave the stock a neutral rating in a research report on Friday, September 6th. Goldman Sachs Group set a €154.00 ($179.07) price objective on Safran and gave the stock a neutral rating in a research report on Wednesday, September 11th. JPMorgan Chase & Co. set a €128.00 ($148.84) price objective on Safran and gave the stock a neutral rating in a research report on Thursday, September 5th. Finally, Jefferies Financial Group set a €95.00 ($110.47) price target on Safran and gave the company a sell rating in a report on Thursday, September 5th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus price target of €134.20 ($156.05).
Safran stock opened at €142.10 ($165.23) on Wednesday. Safran has a twelve month low of €67.17 ($78.10) and a twelve month high of €92.36 ($107.40). The stock’s 50 day moving average is €137.06.
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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