Kepler Cheuvreux has elevated its rating for Safran (SAFRY, Financial) from Hold to Buy, setting a price target of EUR 258. This upgrade is part of the firm's positive reassessment of European aerospace stocks.
The financial institution advises investors to capitalize on the currently elevated macroeconomic risk premiums impacting these stocks, suggesting that Safran (SAFRY, Financial) offers an attractive opportunity amid these broader economic uncertainties.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for Safran SA (SAFRY, Financial) is $78.94 with a high estimate of $86.83 and a low estimate of $71.05. The average target implies an upside of 20.09% from the current price of $65.73. More detailed estimate data can be found on the Safran SA (SAFRY) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, Safran SA's (SAFRY, Financial) average brokerage recommendation is currently 1.5, indicating "Buy" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Safran SA (SAFRY, Financial) in one year is $74.14, suggesting a upside of 12.79% from the current price of $65.73. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Safran SA (SAFRY) Summary page.
