Safran (EPA:SAF) Given a €156.00 Price Target by JPMorgan Chase & Co. Analysts
JPMorgan Chase & Co. set a €156.00 ($181.40) price objective on Safran (EPA:SAF) in a research report sent to investors on Tuesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other analysts have also issued reports on SAF. Jefferies Financial Group set a €120.00 ($139.53) target price on shares of Safran and gave the company a sell rating in a research report on Monday, October 14th. Kepler Capital Markets set a €150.00 ($174.42) target price on shares of Safran and gave the company a buy rating in a research report on Thursday, January 16th. Credit Suisse Group set a €162.00 ($188.37) target price on shares of Safran and gave the company a buy rating in a research report on Thursday, January 9th. Barclays set a €172.00 ($200.00) target price on shares of Safran and gave the company a buy rating in a research report on Wednesday, January 8th. Finally, UBS Group set a €145.00 ($168.60) target price on shares of Safran and gave the company a neutral rating in a research report on Monday, January 27th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the stock. Safran presently has an average rating of Buy and a consensus price target of €149.09 ($173.36).
Shares of EPA SAF opened at €145.20 ($168.84) on Tuesday. The company’s 50-day simple moving average is €142.88 and its 200-day simple moving average is €140.10. Safran has a 52-week low of €67.17 ($78.10) and a 52-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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