Safran SA (EPA:SAF) has received a consensus recommendation of “Hold” from the twelve brokerages that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and six have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is €128.80 ($149.77).
Several research firms recently weighed in on SAF. Barclays set a €115.00 ($133.72) price target on shares of Safran and gave the stock a “buy” rating in a report on Friday, March 13th. Credit Suisse Group set a €158.00 ($183.72) price target on shares of Safran and gave the stock a “buy” rating in a report on Wednesday, March 18th. Jefferies Financial Group set a €120.00 ($139.53) price target on shares of Safran and gave the stock a “sell” rating in a report on Thursday, February 27th. Berenberg Bank set a €115.00 ($133.72) price target on shares of Safran and gave the stock a “neutral” rating in a report on Tuesday, March 10th. Finally, Kepler Capital Markets set a €150.00 ($174.42) target price on shares of Safran and gave the company a “buy” rating in a research note on Thursday, February 27th.
Safran stock traded up €9.94 ($11.56) during midday trading on Monday, hitting €91.92 ($106.88). 1,447,034 shares of the stock were exchanged, compared to its average volume of 1,060,000. Safran has a 52-week low of €67.17 ($78.10) and a 52-week high of €92.36 ($107.40). The business’s 50-day moving average price is €116.93 and its 200-day moving average price is €136.13.
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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