UBS Group set a €92.00 ($109.52) target price on Safran (EPA:SAF) in a research note released on Wednesday morning, www.boersen-zeitung.de reports. The brokerage currently has a neutral rating on the stock.
Other analysts have also recently issued reports about the stock. JPMorgan Chase & Co. set a €102.00 ($121.43) price objective on shares of Safran and gave the stock a buy rating in a research note on Wednesday, October 11th. Deutsche Bank set a €82.00 ($97.62) price objective on shares of Safran and gave the stock a neutral rating in a research note on Wednesday, November 8th. Kepler Capital Markets set a €100.00 ($119.05) price objective on shares of Safran and gave the stock a buy rating in a research note on Thursday, December 7th. Sanford C. Bernstein set a €116.00 ($138.10) price objective on shares of Safran and gave the stock a buy rating in a research note on Thursday, January 4th. Finally, Societe Generale set a €103.00 ($122.62) price objective on shares of Safran and gave the stock a buy rating in a research note on Monday, October 30th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus target price of €98.63 ($117.41).
Safran (SAF) opened at €90.48 ($107.71) on Wednesday. Safran has a 52-week low of €61.51 ($73.23) and a 52-week high of €92.25 ($109.82). The stock has a market cap of $37,730.00 and a PE ratio of 14.55.
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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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