Safran (EPA:SAF – Get Rating) has been assigned a €106.00 ($108.16) target price by Jefferies Financial Group in a research report issued to clients and investors on Friday, Borsen Zeitung reports. Jefferies Financial Group’s target price indicates a potential downside of 0.92% from the stock’s previous close.
Several other equities research analysts also recently weighed in on the stock. The Goldman Sachs Group set a €134.00 ($136.73) price objective on shares of Safran in a report on Tuesday, July 26th. Barclays set a €150.00 ($153.06) price target on shares of Safran in a report on Wednesday, July 13th. Deutsche Bank Aktiengesellschaft set a €125.00 ($127.55) price target on shares of Safran in a report on Tuesday, May 3rd. Finally, JPMorgan Chase & Co. set a €140.00 ($142.86) target price on Safran in a report on Thursday.
Safran Stock Up 1.5 %
SAF stock opened at €106.98 ($109.16) on Friday. The company has a 50-day simple moving average of €97.19 and a 200 day simple moving average of €102.57. Safran has a fifty-two week low of €67.17 ($68.54) and a fifty-two week high of €92.36 ($94.24).
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, Defense and Aerosystems; and Aircraft Interiors. The Aerospace Propulsion segment designs, develops, produces, and markets propulsion and mechanical power transmission systems for commercial aircraft, military transport, training and combat aircraft, civil and military helicopters, and drones.
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