Saft Groupe Given New €24.50 Price Target at Berenberg Bank (SAFT)
Investment analysts at Berenberg Bank upped their price target on shares of Saft Groupe (EU:SAFT) from €19.50 ($26.71) to €24.50 ($33.56) in a note issued to investors on Monday, AR Network reports. The firm currently has a “hold” rating on the stock.
Saft Groupe (EU:SAFT) traded up 0.18% on Monday, hitting $56.32. The stock had a trading volume of 25,287 shares. Saft Groupe has a 52-week low of $42.83 and a 52-week high of $56.42. The stock’s 50-day moving average is $52.43 and its 200-day moving average is $51.57. The company has a market cap of $866.7 million and a price-to-earnings ratio of 15.44.
Safety Insurance Group, Inc is a provider of personal lines property and casualty insurance focused primarily on the Massachusetts market.
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