Safran SA (EPA:SAF) has been given a €102.00 ($120.00) price objective by investment analysts at J P Morgan Chase & Co in a report issued on Tuesday, October 17th. The brokerage currently has a “buy” rating on the stock. J P Morgan Chase & Co’s price target indicates a potential upside of 11.94% from the stock’s current price.
Several other equities analysts have also commented on SAF. Deutsche Bank AG set a €76.00 ($89.41) price objective on shares of Safran SA and gave the stock a “neutral” rating in a report on Wednesday, August 30th. UBS AG set a €85.00 ($100.00) price objective on shares of Safran SA and gave the stock a “neutral” rating in a report on Friday, July 28th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Safran SA has a consensus rating of “Buy” and an average price target of €94.33 ($110.98).
Shares of Safran SA (SAF) traded down €0.78 ($0.92) during trading on Tuesday, hitting €90.56 ($106.54). The stock had a trading volume of 531,089 shares, compared to its average volume of 759,527. Safran SA has a 12-month low of €59.42 ($69.91) and a 12-month high of €92.25 ($108.53).
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About Safran SA
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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