Shares of SAF-Holland SE (ETR:SFQ) rose 0.2% during mid-day trading on Wednesday . The company traded as high as €10.80 ($12.71) and last traded at €10.68 ($12.56). Approximately 150,317 shares traded hands during trading, an increase of 6% from the average daily volume of 141,316 shares. The stock had previously closed at €10.66 ($12.54).
SFQ has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft set a €14.00 ($16.47) price target on shares of SAF-Holland and gave the company a “neutral” rating in a research report on Monday, March 29th. Warburg Research set a €17.00 ($20.00) price target on shares of SAF-Holland and gave the company a “buy” rating in a research report on Wednesday, May 12th. Kepler Capital Markets set a €12.00 ($14.12) price target on shares of SAF-Holland and gave the company a “neutral” rating in a research report on Wednesday, May 12th. Berenberg Bank set a €19.30 ($22.71) price objective on SAF-Holland and gave the stock a “buy” rating in a research report on Thursday, April 15th. Finally, Hauck & Aufhaeuser set a €22.00 ($25.88) price objective on SAF-Holland and gave the stock a “buy” rating in a research report on Monday, May 17th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of €17.72 ($20.84).
The company has a quick ratio of 1.40, a current ratio of 2.22 and a debt-to-equity ratio of 115.35. The company has a market cap of $484.81 million and a PE ratio of 30.87. The firm has a 50-day moving average of €12.53.
SAF-Holland SE manufactures and supplies chassis-related systems and components for trucks, trailers, semi-trailers, and buses. It offers axle and suspension systems, fifth wheels, coupling systems, kingpins, and landing gears, as well as ball races, braking and EBS systems, lighting systems, disc brakes.
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