Safran SA (SAF) Receives €126.05 Average Price Target from Analysts

Safran SA (EPA:SAF) has been given an average recommendation of “Hold” by the eleven analysts that are presently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and six have given a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is €126.05 ($146.57).

A number of research firms recently issued reports on SAF. JPMorgan Chase & Co. set a €110.00 ($127.91) target price on shares of Safran and gave the company a “neutral” rating in a research note on Wednesday. UBS Group set a €121.50 ($141.28) target price on shares of Safran and gave the company a “neutral” rating in a research note on Wednesday, February 27th. Credit Suisse Group set a €100.00 ($116.28) target price on shares of Safran and gave the company a “sell” rating in a research note on Wednesday, February 27th. Bank of America set a €136.00 ($158.14) target price on shares of Safran and gave the company a “buy” rating in a research note on Wednesday, February 27th. Finally, Goldman Sachs Group set a €137.00 ($159.30) price target on shares of Safran and gave the stock a “buy” rating in a research report on Monday, December 3rd.

Safran has a 12 month low of €67.17 ($78.10) and a 12 month high of €92.36 ($107.40).

An institutional investor recently raised its position in Safran stock. Tesuji Partners LLC grew its stake in Safran SA (EPA:SAF) by 285.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 675,000 shares of the company’s stock after purchasing an additional 500,000 shares during the period. Safran comprises about 5.5% of Tesuji Partners LLC’s investment portfolio, making the stock its 7th biggest position. Tesuji Partners LLC’s holdings in Safran were worth $94,577,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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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