Berenberg Bank Analysts Give SAF-HOLLAND S.A. (SFQ) a €17.00 Price Target
SAF-HOLLAND S.A. (ETR:SFQ) has been given a €17.00 ($20.24) price objective by stock analysts at Berenberg Bank in a research report issued on Tuesday. The firm currently has a “buy” rating on the stock.
SFQ has been the subject of a number of other reports. Kepler Capital Markets set a €18.50 ($22.02) target price on SAF-HOLLAND and gave the stock a “buy” rating in a research note on Monday, May 29th. Commerzbank Ag set a €16.50 ($19.64) target price on SAF-HOLLAND and gave the stock a “neutral” rating in a research note on Monday, May 29th. Deutsche Bank AG reissued a “neutral” rating on shares of SAF-HOLLAND in a research note on Friday, September 15th. equinet AG set a €17.00 ($20.24) target price on SAF-HOLLAND and gave the stock a “buy” rating in a research note on Thursday, August 10th. Finally, HSBC Holdings plc set a €14.00 ($16.67) target price on SAF-HOLLAND and gave the stock a “neutral” rating in a research note on Tuesday, July 25th. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. SAF-HOLLAND presently has an average rating of “Buy” and an average price target of €17.22 ($20.50).
Shares of SAF-HOLLAND (SFQ) traded down 0.409% during mid-day trading on Tuesday, reaching €17.065. The company’s stock had a trading volume of 2,508 shares. The company has a market capitalization of €774.09 million and a price-to-earnings ratio of 21.305. The company’s 50 day moving average price is €15.86 and its 200-day moving average price is €15.50. SAF-HOLLAND has a 1-year low of €10.53 and a 1-year high of €17.50.
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SAF-HOLLAND SA manufactures and supplies chassis-related systems and components for trucks, trailers, semi-trailers, buses, and recreational vehicles worldwide. It offers axle and suspension systems, fifth wheels, kingpins, and landing gears under the SAF, Holland, and Neway brands. The company also provides coupling devices and spare parts.
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