Several other research analysts have also recently weighed in on the stock. UBS Group set a €125.00 ($145.35) price target on shares of Safran and gave the stock a neutral rating in a report on Friday, November 30th. JPMorgan Chase & Co. set a €135.00 ($156.98) price target on shares of Safran and gave the stock a buy rating in a report on Thursday, November 29th. Credit Suisse Group set a €95.00 ($110.47) price target on shares of Safran and gave the stock a sell rating in a report on Tuesday, November 27th. Oddo Bhf set a €135.00 ($156.98) price target on shares of Safran and gave the stock a buy rating in a report on Friday, November 23rd. Finally, Deutsche Bank set a €136.00 ($158.14) price target on shares of Safran and gave the stock a buy rating in a report on Tuesday, October 30th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the company. The company presently has an average rating of Hold and an average target price of €124.09 ($144.29).
Safran has a 1-year low of €67.17 ($78.10) and a 1-year high of €92.36 ($107.40).
An institutional investor recently raised its position in Safran stock. Tesuji Partners LLC increased its stake in Safran SA (EPA:SAF) by 285.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 675,000 shares of the company’s stock after acquiring an additional 500,000 shares during the period. Safran comprises approximately 5.5% of Tesuji Partners LLC’s portfolio, making the stock its 7th largest position. Tesuji Partners LLC’s holdings in Safran were worth $94,577,000 as of its most recent filing with the 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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