Safran (EPA:SAF) Given a €120.00 Price Target at Deutsche Bank Aktiengesellschaft
Safran (EPA:SAF) has been given a €120.00 ($141.18) price target by Deutsche Bank Aktiengesellschaft in a report released on Tuesday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price points to a potential downside of 3.82% from the company’s current price.
Several other research analysts have also commented on SAF. Berenberg Bank set a €130.00 ($152.94) price objective on shares of Safran and gave the stock a “buy” rating in a report on Monday, January 4th. JPMorgan Chase & Co. set a €136.00 ($160.00) price objective on shares of Safran and gave the stock a “buy” rating in a report on Monday. UBS Group set a €141.00 ($165.88) price objective on shares of Safran and gave the stock a “buy” rating in a report on Tuesday, April 13th. Credit Suisse Group set a €97.00 ($114.12) price objective on shares of Safran and gave the stock a “neutral” rating in a report on Monday, April 12th. Finally, The Goldman Sachs Group set a €144.00 ($169.41) price target on shares of Safran and gave the stock a “buy” rating in a research note on Monday. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of €119.18 ($140.21).
Shares of EPA SAF opened at €124.76 ($146.78) on Tuesday. Safran has a 12 month low of €67.17 ($79.02) and a 12 month high of €92.36 ($108.66). The firm has a fifty day simple moving average of €119.59 and a two-hundred day simple moving average of €113.80.
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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