JPMorgan Chase & Co. Analysts Give Safran (SAF) a €106.00 Price Target
Safran (EPA:SAF) has been assigned a €106.00 ($126.19) price target by analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Thursday. The firm presently has a “buy” rating on the stock. JPMorgan Chase & Co.’s price objective points to a potential upside of 19.53% from the company’s current price.
Several other analysts also recently issued reports on the company. Sanford C. Bernstein set a €116.00 ($138.10) price objective on Safran and gave the stock a “buy” rating in a report on Thursday. Kepler Capital Markets set a €100.00 ($119.05) target price on Safran and gave the company a “buy” rating in a research note on Thursday, December 7th. Nord/LB set a €85.00 ($101.19) target price on Safran and gave the company a “neutral” rating in a research note on Wednesday, November 29th. Deutsche Bank set a €82.00 ($97.62) target price on Safran and gave the company a “neutral” rating in a research note on Wednesday, November 8th. Finally, Societe Generale set a €103.00 ($122.62) target price on Safran and gave the company a “buy” rating in a research note on Monday, October 30th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of €97.75 ($116.37).
Safran (SAF) traded up €3.06 ($3.64) during trading hours on Thursday, reaching €88.68 ($105.57). The company had a trading volume of 907,897 shares, compared to its average volume of 912,714. Safran has a 1-year low of €61.51 ($73.23) and a 1-year high of €92.25 ($109.82). The firm has a market cap of $36,980.00 and a PE ratio of 14.26.
WARNING: This article was first posted by American Banking News and is owned by of American Banking News. If you are reading this article on another publication, it was stolen and reposted in violation of US & international copyright and trademark laws. The original version of this article can be accessed at https://www.americanbankingnews.com/2018/01/04/jpmorgan-chase-106-00-price-target.html.
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.
Receive News & Ratings for Safran Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Safran and related companies with MarketBeat.com's FREE daily email newsletter.