JPMorgan Chase & Co. set a €113.00 ($131.40) price target on Safran (EPA:SAF) in a research note issued to investors on Thursday. The brokerage currently has a buy rating on the stock.
SAF has been the topic of a number of other research reports. Credit Suisse Group set a €73.00 ($84.88) target price on Safran and gave the company a sell rating in a report on Tuesday, April 3rd. Deutsche Bank set a €94.00 ($109.30) target price on Safran and gave the company a neutral rating in a report on Tuesday, April 10th. UBS Group set a €92.00 ($106.98) target price on Safran and gave the company a neutral rating in a report on Wednesday, April 25th. Societe Generale set a €106.00 ($123.26) target price on Safran and gave the company a buy rating in a report on Wednesday, February 28th. Finally, Kepler Capital Markets set a €100.00 ($116.28) target price on Safran and gave the company a buy rating in a report on Tuesday, February 27th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company’s stock. Safran presently has a consensus rating of Hold and a consensus target price of €99.70 ($115.93).
Safran opened at €88.30 ($102.67) on Thursday, MarketBeat Ratings reports. Safran has a fifty-two week low of €67.17 ($78.10) and a fifty-two week high of €92.36 ($107.40).
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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