Safran (EPA:SAF) has been assigned a €106.00 ($130.86) price target by JPMorgan Chase & Co. in a research report issued on Wednesday. The brokerage currently has a “buy” rating on the stock. JPMorgan Chase & Co.’s price objective points to a potential upside of 24.85% from the company’s previous close.
A number of other research analysts have also recently weighed in on the stock. Sanford C. Bernstein set a €116.00 ($143.21) price target on shares of Safran and gave the company a “buy” rating in a research report on Thursday, January 4th. UBS Group set a €92.00 ($113.58) price target on shares of Safran and gave the company a “neutral” rating in a research report on Wednesday, January 10th. Deutsche Bank set a €82.00 ($101.23) price target on shares of Safran and gave the company a “neutral” rating in a research report on Wednesday, November 8th. Berenberg Bank set a €105.00 ($129.63) price target on shares of Safran and gave the company a “buy” rating in a research report on Monday, October 30th. Finally, Kepler Capital Markets set a €100.00 ($123.46) price target on shares of Safran and gave the company a “buy” rating in a research report on Thursday, December 7th. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of €99.89 ($123.32).
Safran (SAF) opened at €84.90 ($104.81) on Wednesday. The firm has a market cap of $35,410.00 and a P/E ratio of 13.65. Safran has a 12-month low of €63.87 ($78.85) and a 12-month high of €92.36 ($114.02).
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Safran SA is a France-based high-technology company which produces aircraft and rocket engines and propulsion systems. It divides its work into three segments: Aerospace, Aircraft and Defense. The Aerospace Propulsion division provides engines, turbines and parts for aircraft, and rocket boosters for civil, military and spatial markets.
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