SAF-HOLLAND (ETR:SFQ) has been given a €22.00 ($27.16) price target by research analysts at Commerzbank in a research report issued on Friday, March 16th. The brokerage currently has a “buy” rating on the stock. Commerzbank’s price objective would suggest a potential upside of 33.82% from the company’s current price.
Several other equities research analysts have also weighed in on SFQ. Berenberg Bank set a €20.00 ($24.69) price objective on SAF-HOLLAND and gave the stock a “buy” rating in a research note on Thursday, November 23rd. Warburg Research set a €20.00 ($24.69) price objective on SAF-HOLLAND and gave the stock a “buy” rating in a research note on Wednesday, November 29th. Kepler Capital Markets set a €19.00 ($23.46) price objective on SAF-HOLLAND and gave the stock a “buy” rating in a research note on Wednesday, December 6th. Hauck & Aufhaeuser set a €24.00 ($29.63) price objective on SAF-HOLLAND and gave the stock a “buy” rating in a research note on Tuesday, January 9th. Finally, HSBC set a €20.00 ($24.69) target price on SAF-HOLLAND and gave the stock a “neutral” rating in a research report on Tuesday, January 23rd. Four equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of €19.73 ($24.35).
Shares of SFQ traded down €0.12 ($0.15) during trading hours on Friday, hitting €16.44 ($20.30). 143,681 shares of the company were exchanged, compared to its average volume of 141,316. SAF-HOLLAND has a one year low of €14.12 ($17.43) and a one year high of €20.08 ($24.79).
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SAF-HOLLAND SA manufactures and supplies chassis-related systems and components for trucks, trailers, semi-trailers, buses, and recreational vehicles worldwide. It offers axle and suspension systems, fifth wheels, kingpins, and landing gears under the SAF, Holland, and Neway brands. The company also provides coupling devices and spare parts.
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