Saffron (EPA: SAF – Get a rating) was given a target price of €125.00 ($134.41) by Deutsche Bank Rese… in a research report released Tuesday to clients and investors, Borsen Zeitung reports. Deutsche Bank Rese… price target indicates a potential upside of 20.33% from the stock’s previous close.
A number of other equity research analysts have also recently released reports on the stock. Berenberg Bank set a price target of €140.00 ($150.54) on Safran shares in a Monday, February 28 research report. Deutsche Bank Aktiengesellschaft set a price target of €125.00 ($134.41) on Safran shares in a research report on Tuesday, February 1. JPMorgan Chase & Co. set a price target of €140.00 ($150.54) on Safran shares in a Tuesday, April 5 research report. UBS Group set a price target of €133.00 ($143.01) on Safran shares in a Tuesday, March 8 research report. Finally, the Goldman Sachs group set a target price of €136.00 ($146.24) on Safran shares in a research report on Tuesday. Four research analysts gave the stock a hold rating and four gave the company a buy rating. According to data from MarketBeat.com, the stock currently has a consensus buy rating and a consensus price target of €127.45 ($137.05).
Stock FAS traded at €1.86 ($2.00) in Tuesday’s trading, rising to €103.88 ($111.70). The stock recorded a trading volume of 619,229 shares, against an average volume of 1,060,000. Safran has a 1-year low of €67.17 ($72.23) and a 1-year high of €92.36 ($99.31). The company’s 50-day moving average is €106.62 and its two-hundred-day moving average is €109.01.
About Saffron (Get a rating)
Safran SA, with its subsidiaries, carries out activities in the field of aerospace and defense throughout the world. The Company operates through three segments: Aerospace Propulsion; Aeronautical 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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