Safran (SAF) Given a €130.00 Price Target by JPMorgan Chase & Co. Analysts
Safran (EPA:SAF) received a €130.00 ($151.16) price objective from investment analysts at JPMorgan Chase & Co. in a research report issued on Tuesday. The firm currently has a “buy” rating on the stock. JPMorgan Chase & Co.’s target price would suggest a potential upside of 47.23% from the stock’s previous close.
Several other equities analysts have also recently commented on the stock. UBS Group set a €101.00 ($117.44) price target on shares of Safran and gave the stock a “neutral” rating in a research report on Friday, May 25th. Credit Suisse Group set a €73.00 ($84.88) price objective on shares of Safran and gave the stock a “sell” rating in a research note on Wednesday, August 1st. Deutsche Bank set a €108.00 ($125.58) price objective on shares of Safran and gave the stock a “neutral” rating in a research note on Wednesday, July 25th. Finally, Societe Generale set a €116.00 ($134.88) price objective on shares of Safran and gave the stock a “neutral” rating in a research note on Friday, September 7th. 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 stock. The company currently has an average rating of “Hold” and a consensus target price of €110.60 ($128.60).
Shares of SAF stock traded down €0.30 ($0.35) during trading hours on Tuesday, hitting €88.30 ($102.67). 834,145 shares of the company were exchanged, compared to its average volume of 1,060,000. Safran has a one year low of €67.17 ($78.10) and a one year 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.
Featured Article: Determine Your Level of Risk Tolerance
Receive News & Ratings for Safran Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Safran and related companies with MarketBeat.com's FREE daily email newsletter.