Safran (EPA:SAF) Given a €150.00 Price Target at JPMorgan Chase & Co.

Safran (EPA:SAF) received a €150.00 ($174.42) target price from equities researchers at JPMorgan Chase & Co. in a report issued on Wednesday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 7.72% from the company’s previous close.

Other analysts have also recently issued research reports about the stock. Kepler Capital Markets set a €155.00 ($180.23) price objective on shares of Safran and gave the company a “buy” rating in a research note on Thursday, October 31st. Credit Suisse Group set a €162.00 ($188.37) price objective on shares of Safran and gave the company a “buy” rating in a research note on Thursday, January 9th. Goldman Sachs Group set a €169.00 ($196.51) price objective on shares of Safran and gave the company a “buy” rating in a research note on Wednesday. Barclays set a €172.00 ($200.00) price objective on shares of Safran and gave the company a “buy” rating in a research note on Wednesday, January 8th. Finally, Nord/LB reiterated a “buy” rating on shares of Safran in a research note on Monday, November 4th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and nine have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of €149.45 ($173.78).

Shares of EPA SAF traded up €1.65 ($1.92) during midday trading on Wednesday, hitting €139.25 ($161.92). The company had a trading volume of 969,977 shares, compared to its average volume of 1,060,000. Safran has a twelve month low of €67.17 ($78.10) and a twelve month high of €92.36 ($107.40). The business has a 50-day simple moving average of €142.68 and a two-hundred day simple moving average of €137.70.

About Safran

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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Analyst Recommendations for Safran (EPA:SAF)

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