Safran (SAF) Given a €136.00 Price Target at Goldman Sachs Group

Goldman Sachs Group set a €136.00 ($158.14) target price on Safran (EPA:SAF) in a report published on Wednesday. The brokerage currently has a buy rating on the stock.

Other analysts have also recently issued reports about the stock. Kepler Capital Markets set a €135.00 ($156.98) price target on shares of Safran and gave the company a buy rating in a report on Wednesday, October 10th. JPMorgan Chase & Co. set a €130.00 ($151.16) target price on shares of Safran and gave the company a buy rating in a research note on Tuesday, September 18th. Credit Suisse Group set a €73.00 ($84.88) target price on shares of Safran and gave the company a sell rating in a research note on Wednesday, August 1st. Societe Generale set a €116.00 ($134.88) target price on shares of Safran and gave the company a neutral rating in a research note on Friday, September 7th. Finally, Jefferies Financial Group reiterated a sell rating on shares of Safran in a research note on Wednesday, October 17th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the stock. Safran currently has an average rating of Hold and an average target price of €120.58 ($140.21).

Safran has a twelve month low of €67.17 ($78.10) and a twelve month high of €92.36 ($107.40).

A hedge fund recently raised its stake in Safran stock. Tesuji Partners LLC raised its holdings in shares of Safran SA (EPA:SAF) by 285.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 675,000 shares of the company’s stock after purchasing an additional 500,000 shares during the period. Safran comprises about 5.5% of Tesuji Partners LLC’s portfolio, making the stock its 7th largest holding. Tesuji Partners LLC’s holdings in Safran were worth $94,577,000 as of its most recent SEC filing.

About Safran

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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Analyst Recommendations for Safran (EPA:SAF)

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