Safran (EPA:SAF) received a €106.00 ($130.86) price objective from research analysts at JPMorgan Chase & Co. in a report released on Wednesday. The firm presently has a “buy” rating on the stock. JPMorgan Chase & Co.’s price objective suggests a potential upside of 24.85% from the stock’s previous close.
Other research analysts have also recently issued research reports about the company. Kepler Capital Markets set a €100.00 ($123.46) price objective on Safran and gave the company a “buy” rating in a research note on Thursday, December 7th. UBS Group set a €92.00 ($113.58) target price on Safran and gave the stock a “neutral” rating in a report on Wednesday, January 10th. Sanford C. Bernstein set a €116.00 ($143.21) target price on Safran and gave the stock a “buy” rating in a report on Thursday, January 4th. Berenberg Bank set a €105.00 ($129.63) target price on Safran and gave the stock a “buy” rating in a report on Monday, October 30th. Finally, Societe Generale set a €103.00 ($127.16) target price on Safran and gave the stock a “buy” rating in a report on Monday, October 30th. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of €99.89 ($123.32).
Safran (EPA SAF) opened at €84.90 ($104.81) on Wednesday. The stock has a market capitalization of $35,410.00 and a price-to-earnings ratio of 13.65. Safran has a one year low of €63.87 ($78.85) and a one year high of €92.36 ($114.02).
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.
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.