UBS Group set a €125.00 ($145.35) target price on Safran (EPA:SAF) in a research note issued to investors on Friday, September 14th, www.boersen-zeitung.de reports. The brokerage currently has a neutral rating on the stock.
Several other research analysts also recently issued reports on the stock. Credit Suisse Group set a €95.00 ($110.47) price objective on shares of Safran and gave the stock a sell rating in a research report on Friday, September 7th. JPMorgan Chase & Co. set a €130.00 ($151.16) price objective on shares of Safran and gave the stock a buy rating in a research report on Friday, September 7th. Deutsche Bank set a €136.00 ($158.14) target price on shares of Safran and gave the company a buy rating in a report on Friday, September 7th. Finally, Societe Generale set a €116.00 ($134.88) target price on shares of Safran and gave the company a neutral rating in a report on Friday, September 7th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the stock. Safran has a consensus rating of Hold and a consensus price target of €114.10 ($132.67).
Shares of EPA SAF traded down €0.30 ($0.35) during mid-day trading on Friday, reaching €88.30 ($102.67). The company had a trading volume of 834,145 shares, compared to its average volume of 1,060,000. Safran has a 52-week low of €67.17 ($78.10) and a 52-week high of €92.36 ($107.40).
Safran Company Profile
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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