Commerzbank Ag Analysts Give SAF-HOLLAND S.A. (ETR:SFQ) a €16.50 Price Target
SAF-HOLLAND S.A. (ETR:SFQ) has been given a €16.50 ($19.41) price target by equities researchers at Commerzbank Ag in a report issued on Thursday. The brokerage currently has a “neutral” rating on the stock.
Several other research firms have also recently commented on SFQ. equinet AG set a €17.00 ($20.00) price target on shares of SAF-HOLLAND and gave the company a “buy” rating in a research note on Friday, August 4th. Hauck & Aufhaeuser set a €20.00 ($23.53) price target on shares of SAF-HOLLAND and gave the company a “buy” rating in a research note on Tuesday, July 25th. HSBC Holdings plc set a €14.00 ($16.47) price target on shares of SAF-HOLLAND and gave the company a “neutral” rating in a research note on Tuesday, July 25th. Berenberg Bank set a €17.00 ($20.00) price target on shares of SAF-HOLLAND and gave the company a “buy” rating in a research note on Tuesday, May 30th. Finally, Warburg Research set a €19.00 ($22.35) price target on shares of SAF-HOLLAND and gave the company a “buy” rating in a research note on Monday, May 29th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of €17.22 ($20.26).
Shares of SAF-HOLLAND (ETR:SFQ) opened at 14.775 on Thursday. The firm has a market capitalization of €670.21 million and a P/E ratio of 17.403. The firm has a 50-day moving average price of €15.20 and a 200-day moving average price of €15.08. SAF-HOLLAND has a 52-week low of €9.93 and a 52-week high of €16.80.
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Saf-Holland SA is a Luxembourg-based company principally engaged in the supply of value-added trailer, truck, tractor, bus and motor home components and systems. The Company’s activities are divided into three business units: Trailer Systems, includes manufacturing axle systems, suspension systems, kingpins and coupling devices, landing legs and other components for the transport trailer industry; Powered Vehicle Systems, including fifth wheels, suspension systems for heavy-duty commercial vehicles, buses, and recreational vehicles, and Aftermarket, which supplies spare parts for vehicle manufacturers and dealers’ organizations, as well as independent workshops and fleet operators with spare parts from SAF-HOLLAND and third-party manufacturers.
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