Goldman Sachs Group Analysts Give Safran (EPA:SAF) a €104.00 Price Target

Goldman Sachs Group set a €104.00 ($122.35) target price on Safran (EPA:SAF) in a research note released on Monday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other brokerages have also commented on SAF. Barclays set a €92.00 ($108.24) price objective on shares of Safran and gave the stock a neutral rating in a report on Thursday, August 6th. Jefferies Financial Group set a €100.00 ($117.65) price objective on shares of Safran and gave the stock a neutral rating in a report on Thursday, August 20th. UBS Group set a €91.00 ($107.06) price objective on shares of Safran and gave the stock a neutral rating in a report on Friday, July 31st. JPMorgan Chase & Co. set a €70.00 ($82.35) price objective on shares of Safran and gave the stock a neutral rating in a report on Monday, July 27th. Finally, Morgan Stanley set a €79.00 ($92.94) price objective on shares of Safran and gave the stock a neutral rating in a report on Wednesday, June 10th. Nine equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Safran presently has a consensus rating of Hold and a consensus target price of €86.50 ($101.76).

Shares of Safran stock opened at €97.48 ($114.68) on Monday. The company has a fifty day moving average price of €97.68 and a 200 day moving average price of €90.55. Safran has a twelve month low of €67.17 ($79.02) and a twelve month high of €92.36 ($108.66).

About Safran

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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Analyst Recommendations for Safran (EPA:SAF)

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