Saft Groupe PT Raised to €18.50 (SAFT)
Research analysts at Natixis boosted their target price on shares of Saft Groupe (EU:SAFT) to €18.50 ($25.34) in a report released on Monday, StockRatingsNetwork reports. The firm currently has a “reduce” rating on the stock.
Shares of Saft Groupe (EU:SAFT) traded up 0.18% on Monday, hitting $56.32. 25,287 shares of the company’s stock traded hands. Saft Groupe has a one year low of $42.83 and a one year 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.
Separately, analysts at Berenberg Bank raised their price target on shares of Saft Groupe from €19.50 ($26.71) to €24.50 ($33.56) in a research note to investors on Monday. They now have a “hold” rating on the stock.
Safety Insurance Group, Inc is a provider of personal lines property and casualty insurance focused primarily on the Massachusetts market.
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