Safran (EPA:SAF) has been given a €100.00 ($116.28) price target by equities research analysts at Credit Suisse Group in a research report issued to clients and investors on Monday, Borsen Zeitung reports. The brokerage currently has a “sell” rating on the stock. Credit Suisse Group’s price target suggests a potential downside of 23.20% from the stock’s current price.
A number of other equities analysts also recently commented on the stock. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Intel in a research note on Tuesday, June 11th. Deutsche Bank reaffirmed a “hold” rating on shares of AIB Group in a research note on Monday, April 8th. Goldman Sachs Group reaffirmed a “buy” rating and set a $70.00 target price on shares of Total in a research note on Monday. UBS Group began coverage on shares of Chewy in a research note on Tuesday, July 9th. They set a “buy” rating and a $42.00 target price on the stock. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 220 ($2.87) target price on shares of Barclays in a research note on Monday, April 29th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the stock. Safran currently has a consensus rating of “Hold” and a consensus target price of €128.80 ($149.77).
Shares of SAF stock opened at €130.20 ($151.40) on Monday. The stock’s 50-day moving average price is €126.35. Safran has a 12 month low of €67.17 ($78.10) and a 12 month high of €92.36 ($107.40).
Safran Company Profile
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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