Safran SA (EPA:SAF) Given Consensus Rating of “Hold” by Analysts

Safran SA (EPA:SAF) has received an average recommendation of “Hold” from the eleven research firms that are presently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is €130.10 ($151.28).

Several equities analysts have recently commented on SAF shares. UBS Group set a €128.00 ($148.84) price target on Safran and gave the company a “neutral” rating in a research note on Tuesday, July 9th. JPMorgan Chase & Co. set a €128.00 ($148.84) price target on Safran and gave the company a “neutral” rating in a research note on Tuesday, July 23rd. Berenberg Bank set a €150.00 ($174.42) price target on Safran and gave the company a “buy” rating in a research note on Monday, April 29th. Goldman Sachs Group set a €143.00 ($166.28) price target on Safran and gave the company a “neutral” rating in a research note on Monday, July 15th. Finally, Credit Suisse Group set a €100.00 ($116.28) price target on Safran and gave the company a “sell” rating in a research note on Monday, July 15th.

SAF stock traded up €1.00 ($1.16) during midday trading on Friday, reaching €126.30 ($146.86). The company’s stock had a trading volume of 696,931 shares, compared to its average volume of 1,060,000. The company’s fifty day moving average price is €129.54. Safran has a 1 year low of €67.17 ($78.10) and a 1 year high of €92.36 ($107.40).

Safran Company Profile

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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