SAFRAN SA, the Industrials sector company, was revisited by a Wall Street analyst today. Analyst Chloe Lemaire from Jefferies maintained a Buy rating on the stock and has a €290.00 price target.
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Chloe Lemaire’s rating is based on several compelling factors. The recent investor update and quarterly results from GE have shown a stronger than anticipated upward revision to their 2025 and 2028 guidance. This positive development has reinforced expectations for a similar increase in guidance at Safran, particularly driven by robust growth in the aftermarket segment of their Propulsion business.
Additionally, there has been a notable improvement in the profit outlook for the CFM56 aftermarket, which is expected to lead to an updated guidance for 2028. These factors collectively suggest a promising financial trajectory for Safran, supporting Chloe Lemaire’s decision to rate the stock as a Buy.
According to TipRanks, Lemaire is a top 25 analyst with an average return of 39.7% and a 92.16% success rate. Lemaire covers the Industrials sector, focusing on stocks such as MTU Aero Engines, Rheinmetall, and Airbus Group SE.
In another report released on July 10, Deutsche Bank also maintained a Buy rating on the stock with a €280.00 price target.