UBS Group set a €128.00 ($148.84) price objective on Safran (EPA:SAF) in a report issued on Tuesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other research analysts have also issued research reports about the stock. Goldman Sachs Group restated a hold rating and set a $8.40 price target on shares of Deutsche Bank in a research note on Monday. JPMorgan Chase & Co. reaffirmed a buy rating on shares of Intel in a report on Tuesday, June 11th. Berenberg Bank reaffirmed a buy rating and issued a GBX 220 ($2.87) price objective on shares of Barclays in a report on Monday, April 29th. Credit Suisse Group set a €100.00 ($116.28) price objective on shares of Safran and gave the company a sell rating in a report on Friday, May 31st. Finally, Deutsche Bank reaffirmed a hold rating on shares of AIB Group in a report on Monday, April 8th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of €128.80 ($149.77).
Shares of Safran stock opened at €128.55 ($149.48) on Tuesday. Safran has a 12-month low of €67.17 ($78.10) and a 12-month high of €92.36 ($107.40). The company’s 50 day moving average is €125.54.
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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