Jefferies analyst Chloe Lemaire maintained a Hold rating on SAFRAN SA (0IU8 – Research Report) today and set a price target of €220.00. The company’s shares closed yesterday at €214.21.
Lemaire covers the Industrials sector, focusing on stocks such as Airbus Group SE, Rolls-Royce Holdings, and BAE Systems. According to TipRanks, Lemaire has an average return of 32.5% and an 82.80% success rate on recommended stocks.
In addition to Jefferies, SAFRAN SA also received a Hold from Kepler Capital ‘s Aymeric Poulain in a report issued on October 15. However, on October 14, RBC Capital maintained a Buy rating on SAFRAN SA (LSE: 0IU8).
0IU8 market cap is currently €90.13B and has a P/E ratio of 54.28.
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SAFRAN SA (0IU8) Company Description:
Safran is a key player in the global commercial and military aerospace propulsion and equipment sectors. The group has three reportable segments: aerospace propulsion (commercial and military aircraft engines and spare parts); aircraft equipment, defense, and aerosystems (diversified business supplying components ranging from landing gear to avionics); and aircraft interiors (seats, cabins, and in-flight entertainment systems). Safran is a partner to the CFM joint venture with GE Aviation, which produces narrow-body engines.
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