Goldman Sachs Group set a €154.00 ($179.07) price target on Safran (EPA:SAF) in a research note issued to investors on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other brokerages have also commented on SAF. Credit Suisse Group set a €100.00 ($116.28) target price on shares of Safran and gave the stock a sell rating in a research report on Monday, July 15th. UBS Group set a €128.00 ($148.84) target price on shares of Safran and gave the stock a neutral rating in a research report on Thursday, September 5th. DZ Bank restated a neutral rating on shares of Safran in a research report on Thursday, September 5th. Jefferies Financial Group set a €95.00 ($110.47) target price on shares of Safran and gave the stock a sell rating in a research report on Thursday, September 5th. Finally, Societe Generale set a €150.00 ($174.42) target price on shares of Safran and gave the stock a neutral rating in a research report on Friday, September 6th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the stock. The stock has an average rating of Hold and a consensus price target of €131.00 ($152.33).
Shares of EPA SAF opened at €143.80 ($167.21) on Wednesday. Safran has a one year low of €67.17 ($78.10) and a one year high of €92.36 ($107.40). The stock’s fifty day moving average is €130.01.
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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