Safran (EPA:SAF)‘s stock had its “neutral” rating reaffirmed by analysts at UBS Group in a report issued on Wednesday, www.boersen-zeitung.de reports.
A number of other equities analysts have also issued reports on SAF. JPMorgan Chase & Co. set a €113.00 ($131.40) target price on shares of Safran and gave the stock a “buy” rating in a research report on Thursday, June 21st. Credit Suisse Group set a €73.00 ($84.88) target price on shares of Safran and gave the stock a “sell” rating in a research report on Tuesday, July 10th. Deutsche Bank set a €108.00 ($125.58) target price on shares of Safran and gave the stock a “neutral” rating in a research report on Wednesday, July 25th. Societe Generale set a €116.00 ($134.88) price target on shares of Safran and gave the company a “neutral” rating in a report on Friday, September 7th. Finally, Berenberg Bank set a €140.00 ($162.79) price target on shares of Safran and gave the company a “buy” rating in a report on Friday, September 21st. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company. Safran presently has an average rating of “Hold” and an average price target of €117.60 ($136.74).
Shares of SAF stock opened at €88.30 ($102.67) on Wednesday. Safran has a 1 year low of €67.17 ($78.10) and a 1 year high of €92.36 ($107.40).
Safran Company Profile
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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