Goldman Sachs Group Reiterates €137.00 Price Target for Safran (SAF)

Goldman Sachs Group set a €137.00 ($159.30) price target on Safran (EPA:SAF) in a report released on Monday. The brokerage currently has a buy rating on the stock.

Other research analysts have also issued reports about the stock. Deutsche Bank set a €136.00 ($158.14) price target on shares of Safran and gave the company a buy rating in a report on Tuesday, October 30th. JPMorgan Chase & Co. set a €130.00 ($151.16) price target on shares of Safran and gave the company a buy rating in a report on Friday, September 7th. Kepler Capital Markets set a €135.00 ($156.98) price target on shares of Safran and gave the company a buy rating in a report on Wednesday, October 10th. Berenberg Bank set a €140.00 ($162.79) price target on shares of Safran and gave the company a buy rating in a report on Friday, September 21st. Finally, Oddo Bhf set a €135.00 ($156.98) price target on shares of Safran and gave the company a buy rating in a report on Friday, November 23rd. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company. The stock presently has a consensus rating of Hold and an average price target of €124.09 ($144.29).

Safran has a fifty-two week low of €67.17 ($78.10) and a fifty-two week high of €92.36 ($107.40).



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

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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