Safran (EPA:SAF) has been given a €158.00 ($183.72) price target by stock analysts at Goldman Sachs Group in a research note issued on Tuesday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Goldman Sachs Group’s target price suggests a potential upside of 9.42% from the stock’s current price.
A number of other equities research analysts also recently issued reports on SAF. Jefferies Financial Group set a €120.00 ($139.53) price objective on shares of Safran and gave the stock a “sell” rating in a research note on Monday, October 14th. Nord/LB restated a “buy” rating on shares of Safran in a research report on Monday, November 4th. UBS Group set a €140.00 ($162.79) price target on shares of Safran and gave the stock a “neutral” rating in a report on Thursday, October 31st. Credit Suisse Group set a €162.00 ($188.37) price target on shares of Safran and gave the stock a “buy” rating in a research report on Wednesday, November 6th. Finally, DZ Bank reissued a “neutral” rating on shares of Safran in a research note on Thursday, September 5th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of €145.70 ($169.42).
SAF stock opened at €144.40 ($167.91) on Tuesday. Safran has a 52 week low of €67.17 ($78.10) and a 52 week high of €92.36 ($107.40). The business has a 50-day simple moving average of €144.73 and a 200 day simple moving average of €133.90.
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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