Safran (SAF) Given a €140.00 Price Target at Berenberg Bank
Several other equities analysts have also commented on SAF. UBS Group set a €101.00 ($117.44) target price on Safran and gave the company a neutral rating in a report on Friday, May 25th. Credit Suisse Group set a €73.00 ($84.88) price objective on Safran and gave the stock a sell rating in a report on Friday, June 15th. JPMorgan Chase & Co. set a €113.00 ($131.40) price objective on Safran and gave the stock a buy rating in a report on Thursday, June 21st. Deutsche Bank set a €108.00 ($125.58) price objective on Safran and gave the stock a neutral rating in a report on Wednesday, July 25th. Finally, Societe Generale set a €116.00 ($134.88) price objective on Safran and gave the stock a neutral rating in a report on Friday, September 7th. One analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company. Safran has a consensus rating of Hold and an average target price of €114.10 ($132.67).
EPA:SAF opened at €88.30 ($102.67) on Friday. 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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