Goldman Sachs Group set a €143.00 ($166.28) price target on Safran (EPA:SAF) in a research report sent to investors on Monday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other analysts have also weighed in on the stock. Deutsche Bank reiterated a hold rating on shares of AIB Group in a report on Monday, April 8th. JPMorgan Chase & Co. reiterated a buy rating on shares of Intel in a report on Tuesday, June 11th. UBS Group reiterated a hold rating and set a $7.80 target price on shares of Deutsche Bank in a report on Friday, April 26th. Credit Suisse Group set a €100.00 ($116.28) price target on shares of Safran and gave the stock a sell rating in a research note on Friday, May 31st. Finally, Berenberg Bank reissued a buy rating and issued a GBX 220 ($2.87) price target on shares of Barclays in a research note on Monday, April 29th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus price target of €128.80 ($149.77).
Safran stock opened at €128.55 ($149.48) on Monday. The business’s 50-day moving average price is €125.54. Safran has a 1-year low of €67.17 ($78.10) and a 1-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.
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