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).
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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