UBS Group set a €150.00 ($174.42) price objective on Safran (EPA:SAF) in a research report sent to investors on Tuesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
SAF has been the subject of a number of other reports. JPMorgan Chase & Co. set a €156.00 ($181.40) target price on Safran and gave the company a buy rating in a research report on Thursday, October 31st. Jefferies Financial Group set a €120.00 ($139.53) price target on Safran and gave the company a sell rating in a report on Monday, October 14th. Kepler Capital Markets set a €155.00 ($180.23) price target on Safran and gave the company a buy rating in a report on Thursday, October 31st. Credit Suisse Group set a €162.00 ($188.37) price target on Safran and gave the company a buy rating in a report on Wednesday, November 6th. Finally, Goldman Sachs Group set a €158.00 ($183.72) price target on Safran and gave the company a neutral rating in a report on Tuesday, December 3rd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have issued a buy rating to the company’s stock. Safran has a consensus rating of Buy and an average target price of €149.36 ($173.68).
Shares of EPA SAF opened at €144.75 ($168.31) on Tuesday. The business has a fifty day simple moving average of €146.09 and a two-hundred day simple moving average of €135.14. Safran has a twelve month low of €67.17 ($78.10) and a twelve month high of €92.36 ($107.40).
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.
Further Reading: How is the Producer Price Index calculated?
Receive News & Ratings for Safran Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Safran and related companies with MarketBeat.com's FREE daily email newsletter.