Safran (SAF) PT Set at €100.00 by Kepler Capital Markets
Safran (EPA:SAF) has been assigned a €100.00 ($119.05) price target by equities researchers at Kepler Capital Markets in a research report issued to clients and investors on Thursday. The firm presently has a “buy” rating on the stock. Kepler Capital Markets’ target price indicates a potential upside of 11.71% from the stock’s current price.
Several other equities research analysts have also recently weighed in on SAF. J P Morgan Chase & Co set a €102.00 ($121.43) price objective on Safran and gave the stock a “buy” rating in a report on Friday, August 18th. Deutsche Bank set a €76.00 ($90.48) price objective on Safran and gave the stock a “neutral” rating in a report on Wednesday, August 30th. Berenberg Bank set a €105.00 ($125.00) price objective on Safran and gave the stock a “buy” rating in a report on Monday, October 30th. Societe Generale set a €103.00 ($122.62) price objective on Safran and gave the stock a “buy” rating in a report on Monday, October 30th. Finally, Nord/LB set a €85.00 ($101.19) price objective on Safran and gave the stock a “neutral” rating in a report on Wednesday, November 29th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of €94.57 ($112.59).
Shares of Safran (EPA SAF) traded up €0.72 ($0.86) during midday trading on Thursday, hitting €89.52 ($106.57). The stock had a trading volume of 916,459 shares, compared to its average volume of 1,010,000. Safran has a 1 year low of €61.51 ($73.23) and a 1 year high of €92.25 ($109.82).
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Safran SA is a France-based high-technology company which produces aircraft and rocket engines and propulsion systems. It divides its work into three segments: Aerospace, Aircraft and Defense. The Aerospace Propulsion division provides engines, turbines and parts for aircraft, and rocket boosters for civil, military and spatial markets.
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