J P Morgan Chase & Co Reiterates “€102.00” Price Target for Safran SA (SAF)

Safran SA (EPA:SAF) has been given a €102.00 ($120.00) target price by investment analysts at J P Morgan Chase & Co in a report issued on Tuesday. The firm presently has a “buy” rating on the stock.

Other equities research analysts also recently issued research reports about the stock. UBS AG set a €85.00 ($100.00) price objective on shares of Safran SA and gave the company a “neutral” rating in a research report on Friday, July 28th. Deutsche Bank AG set a €76.00 ($89.41) price objective on shares of Safran SA and gave the company a “neutral” rating in a research report on Wednesday, August 30th.

Safran SA (EPA:SAF) opened at 85.96 on Tuesday. The company has a 50 day moving average price of €84.41 and a 200 day moving average price of €80.11. The stock has a market cap of €35.18 billion and a price-to-earnings ratio of 10.55. Safran SA has a 52 week low of €59.42 and a 52 week high of €87.37.

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About Safran SA

Safran SA is a France-based high-technology company which produces aircraft and rocket engines and propulsion systems. It divides its work into three segments: Aerospace, Aircraft and Defense. The Aerospace Propulsion division provides engines, turbines and parts for aircraft, and rocket boosters for civil, military and spatial markets.

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