Brokerages Set SAF-HOLLAND S.A. (ETR:SFQ) Target Price at €8.86

SAF-HOLLAND S.A. (ETR:SFQ) has earned an average recommendation of “Hold” from the seven analysts that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is €8.86 ($10.30).

Several brokerages have recently weighed in on SFQ. Kepler Capital Markets set a €8.00 ($9.30) target price on shares of SAF-HOLLAND and gave the company a “sell” rating in a research report on Tuesday, September 24th. HSBC set a €7.00 ($8.14) price target on shares of SAF-HOLLAND and gave the stock a “neutral” rating in a research report on Wednesday, October 23rd. Berenberg Bank set a €10.00 ($11.63) price target on shares of SAF-HOLLAND and gave the stock a “buy” rating in a research note on Tuesday, October 8th. Deutsche Bank set a €8.00 ($9.30) price objective on SAF-HOLLAND and gave the company a “neutral” rating in a report on Friday, November 8th. Finally, Oddo Bhf set a €7.00 ($8.14) price objective on SAF-HOLLAND and gave the company a “neutral” rating in a research note on Wednesday, September 25th.

Shares of ETR:SFQ traded up €0.01 ($0.01) during midday trading on Tuesday, reaching €7.14 ($8.30). 110,184 shares of the company’s stock were exchanged, compared to its average volume of 141,316. The company’s 50 day simple moving average is €7.04 and its two-hundred day simple moving average is €8.42. The firm has a market capitalization of $323.89 million and a PE ratio of 13.21. SAF-HOLLAND has a 12 month low of €6.10 ($7.09) and a 12 month high of €13.38 ($15.56). The company has a debt-to-equity ratio of 116.11, a quick ratio of 1.01 and a current ratio of 1.73.

About SAF-HOLLAND

SAF-Holland SA manufactures and supplies chassis-related systems and components for trucks, trailers, semi-trailers, buses, and recreational vehicles. It offers axle and suspension systems, fifth wheels, kingpins, and landing gears under the SAF, Holland, Neway, KLL, Corpco, V.Orlandi, and York brands.

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Analyst Recommendations for SAF-HOLLAND (ETR:SFQ)

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