Safran (EPA:SAF) received a €154.00 ($179.07) price objective from equities researchers at Goldman Sachs Group in a research report issued on Wednesday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Goldman Sachs Group’s price objective would suggest a potential upside of 10.51% from the company’s previous close.
Other analysts also recently issued research reports about the company. JPMorgan Chase & Co. set a €128.00 ($148.84) target price on Safran and gave the company a “neutral” rating in a research note on Thursday, September 5th. UBS Group set a €128.00 ($148.84) price target on Safran and gave the stock a “neutral” rating in a report on Thursday, September 5th. Jefferies Financial Group set a €95.00 ($110.47) price target on Safran and gave the stock a “sell” rating in a report on Thursday, September 5th. Societe Generale set a €150.00 ($174.42) price objective on Safran and gave the company a “neutral” rating in a research report on Friday, September 6th. Finally, DZ Bank restated a “neutral” rating on shares of Safran in a research note on Thursday, September 5th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company. Safran has an average rating of “Hold” and a consensus target price of €131.00 ($152.33).
EPA SAF opened at €139.35 ($162.03) on Wednesday. Safran has a twelve month low of €67.17 ($78.10) and a twelve month high of €92.36 ($107.40). The business’s 50-day simple moving average is €129.60.
Safran Company Profile
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.
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