Safran SA (EPA:SAF) has been given a €102.00 ($120.00) price objective by investment analysts at J P Morgan Chase & Co in a report issued on Monday, July 24th. The brokerage presently has a “buy” rating on the stock.
A number of other equities research analysts have also weighed in on SAF. Kepler Capital Markets set a €86.00 ($101.18) target price on shares of Safran SA and gave the stock a “buy” rating in a report on Monday, May 29th. Deutsche Bank AG set a €81.00 ($95.29) target price on shares of Safran SA and gave the stock a “neutral” rating in a report on Tuesday, July 11th. Finally, UBS AG set a €85.00 ($100.00) target price on shares of Safran SA and gave the stock a “neutral” rating in a report on Tuesday, June 6th.
Shares of Safran SA (SAF) traded up 2.42% during trading on Monday, hitting €81.53. The stock had a trading volume of 524,340 shares. Safran SA has a 1-year low of €59.42 and a 1-year high of €83.88. The firm has a 50-day moving average of €81.12 and a 200 day moving average of €73.61. The company has a market capitalization of €33.37 billion and a P/E ratio of 10.00.
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Safran SA Company Profile
Safran SA is a France-based high-technology company which produces aircraft and rocket engines and propulsion systems. It divides its work into three segments: Aerospace, Aircraft and Defense. The Aerospace Propulsion division provides engines, turbines and parts for aircraft, and rocket boosters for civil, military and spatial markets.
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