Credit Suisse Group Reiterates €80.00 Price Target for Safran (SAF)
Several other analysts have also issued reports on SAF. Kepler Capital Markets set a €100.00 ($123.46) target price on Safran and gave the stock a buy rating in a report on Tuesday. Deutsche Bank set a €94.00 ($116.05) target price on Safran and gave the stock a neutral rating in a report on Wednesday. UBS Group set a €92.00 ($113.58) target price on Safran and gave the stock a neutral rating in a report on Wednesday. Societe Generale set a €106.00 ($130.86) target price on Safran and gave the stock a buy rating in a report on Wednesday. Finally, JPMorgan Chase & Co. set a €106.00 ($130.86) target price on Safran and gave the stock a buy rating in a report on Wednesday, February 14th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of €98.20 ($121.23).
Safran (SAF) traded down €4.12 ($5.09) on Friday, hitting €84.84 ($104.74). The stock had a trading volume of 1,610,000 shares, compared to its average volume of 1,020,000. The firm has a market cap of $35,380.00 and a price-to-earnings ratio of 8.71. Safran has a 12 month low of €67.17 ($82.93) and a 12 month high of €92.36 ($114.02).
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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