SAF-HOLLAND S.A. (ETR:SFQ) has been given a €19.00 ($22.35) target price by equities research analysts at Warburg Research in a note issued to investors on Thursday. The firm currently has a “buy” rating on the stock.
A number of other equities research analysts also recently commented on the company. Hauck & Aufhaeuser set a €20.00 ($23.53) target price on SAF-HOLLAND and gave the stock a “buy” rating in a report on Thursday. Commerzbank Ag set a €16.50 ($19.41) price target on SAF-HOLLAND and gave the company a “neutral” rating in a report on Thursday. equinet AG set a €17.00 ($20.00) price target on SAF-HOLLAND and gave the company a “buy” rating in a report on Friday, August 4th. HSBC Holdings plc set a €14.00 ($16.47) price target on SAF-HOLLAND and gave the company a “neutral” rating in a report on Tuesday, July 25th. Finally, Berenberg Bank set a €17.00 ($20.00) price target on SAF-HOLLAND and gave the company a “buy” rating in a report on Tuesday, May 30th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of €17.22 ($20.26).
Shares of SAF-HOLLAND (ETR SFQ) opened at 14.775 on Thursday. The company’s 50-day moving average is €15.20 and its 200 day moving average is €15.08. SAF-HOLLAND has a 12 month low of €9.93 and a 12 month high of €16.80. The stock has a market capitalization of €670.21 million and a P/E ratio of 17.403.
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Saf-Holland SA is a Luxembourg-based company principally engaged in the supply of value-added trailer, truck, tractor, bus and motor home components and systems. The Company’s activities are divided into three business units: Trailer Systems, includes manufacturing axle systems, suspension systems, kingpins and coupling devices, landing legs and other components for the transport trailer industry; Powered Vehicle Systems, including fifth wheels, suspension systems for heavy-duty commercial vehicles, buses, and recreational vehicles, and Aftermarket, which supplies spare parts for vehicle manufacturers and dealers’ organizations, as well as independent workshops and fleet operators with spare parts from SAF-HOLLAND and third-party manufacturers.
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