SAF-HOLLAND (ETR:SFQ) Given a €8.00 Price Target by Deutsche Bank Analysts

SAF-HOLLAND (ETR:SFQ) has been given a €8.00 ($9.30) price target by equities research analysts at Deutsche Bank in a research note issued to investors on Friday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Deutsche Bank’s target price points to a potential upside of 4.17% from the stock’s current price.

SFQ has been the topic of a number of other research reports. Kepler Capital Markets set a €8.00 ($9.30) target price on shares of SAF-HOLLAND and gave the company a “sell” rating in a research report on Tuesday, September 24th. Oddo Bhf set a €7.00 ($8.14) target price on shares of SAF-HOLLAND and gave the company a “neutral” rating in a research report on Wednesday, September 25th. HSBC set a €7.00 ($8.14) target price on shares of SAF-HOLLAND and gave the company a “neutral” rating in a research report on Wednesday, October 23rd. Hauck & Aufhaeuser set a €13.00 ($15.12) target price on shares of SAF-HOLLAND and gave the company a “buy” rating in a research report on Wednesday. Finally, Berenberg Bank set a €10.00 ($11.63) target price on shares of SAF-HOLLAND and gave the company a “buy” rating in a research report on Tuesday, October 8th. One analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of €9.88 ($11.48).

Shares of SAF-HOLLAND stock traded down €0.02 ($0.02) during trading on Friday, reaching €7.68 ($8.93). 235,686 shares of the company traded hands, compared to its average volume of 141,316. The company has a debt-to-equity ratio of 119.10, a current ratio of 2.51 and a quick ratio of 1.43. SAF-HOLLAND has a 1-year low of €6.10 ($7.09) and a 1-year high of €13.77 ($16.01). The company has a 50 day moving average price of €6.84 and a 200-day moving average price of €8.94. The firm has a market capitalization of $351.58 million and a PE ratio of 8.53.

SAF-HOLLAND Company Profile

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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