HSBC Analysts Give SAF-HOLLAND (ETR:SFQ) a €7.00 Price Target

SAF-HOLLAND (ETR:SFQ) received a €7.00 ($8.14) target price from HSBC in a research report issued on Wednesday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. HSBC’s target price would indicate a potential upside of 5.98% from the stock’s current price.

Other analysts have also recently issued research reports about the stock. Warburg Research set a €9.00 ($10.47) price target on shares of SAF-HOLLAND and gave the company a “neutral” rating in a research report on Tuesday, September 24th. Deutsche Bank set a €8.00 ($9.30) price objective on shares of SAF-HOLLAND and gave the stock a “neutral” rating in a research report on Thursday, September 26th. Berenberg Bank set a €10.00 ($11.63) price objective on shares of SAF-HOLLAND and gave the stock a “buy” rating in a research report on Tuesday, October 8th. Oddo Bhf set a €7.00 ($8.14) price objective on shares of SAF-HOLLAND and gave the stock a “neutral” rating in a research report on Wednesday, September 25th. Finally, Kepler Capital Markets set a €8.00 ($9.30) price objective on shares of SAF-HOLLAND and gave the stock a “sell” rating in a research report on Tuesday, September 24th. One analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of €9.63 ($11.19).

Shares of SFQ opened at €6.61 ($7.68) on Wednesday. The company has a current ratio of 2.51, a quick ratio of 1.43 and a debt-to-equity ratio of 119.10. The stock has a market capitalization of $298.92 million and a P/E ratio of 7.34. The firm’s fifty day simple moving average is €7.48 and its two-hundred day simple moving average is €9.27. SAF-HOLLAND has a 12 month low of €6.10 ($7.09) and a 12 month high of €13.77 ($16.01).

About SAF-HOLLAND

SAF-Holland SA manufactures and supplies chassis-related systems and components for trucks, trailers, semi-trailers, buses, and recreational vehicles. It offers axle and suspension systems, fifth wheels, kingpins, and landing gears under the SAF, Holland, Neway, KLL, Corpco, V.Orlandi, and York brands.

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Analyst Recommendations for SAF-HOLLAND (ETR:SFQ)

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