ETR:SFQ) Following Today’s Upgrade? The Target Price per Share is EUR 19.00

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SAF-Holland (ETR:SFQ) Stock Upgrade

Frankfurt-listed SAF-Holland (ETR:SFQ), was increased by research analysts at Hauck & Aufhäuser Privatbankiers KGaA today. Hauck & Aufhäuser Privatbankiers KGaA increased its rating on the 570.23M EUR market capitalized company to a Buy, and decided to leave its target of EUR 19.00 on SFQ shares.

From a total of 6 analysts covering SAF-Holland (ETR:SFQ) stock, 5 rate it a ”Buy”, 0 a “Sell”, and 1 a ”Hold”. This means that 83% of the ratings are positive. The highest target price is €20 while the lowest target price is €13.60. The mean of all analyst targets is €17.50 with a 42.51% above today’s (€12.28) stock price. SAF-Holland was the topic of 15 analyst reports since July 17, 2015 according to the firm StockzIntelligence Inc. Hauck & Aufhäuser Privatbankiers KGaA upgraded shares on December 9 to “Buy” rating. Commerzbank maintained shares with “Hold” rating and €14 target share price in a report from an August 6. Oddo & Cie upgraded SFQ stock in a recent report from November 7 to “Buy” rating. Finally, Kepler Cheuvreux upgraded the stock to “Buy” rating in a report issued on a September 26.

Approximately 46,932 shares of stock traded hands. SAF-HOLLAND S.A. (ETR:SFQ) has risen 6.35% since May 12, 2015 and is uptrending. It has outperformed by 7.15% the S&P500.

 How Positive is Hauck & Aufhäuser Privatbankiers KGaA on SAF-Holland (ETR:SFQ) Following Today’s Upgrade? The Target Price per Share is EUR 19.00

Saf-Holland SA is a Luxembourg-based firm principally engaged in the supply of value-added trailer, truck, tractor, bus and motor home components and systems. The company has a market cap of 570.23 million EUR. The Company’s activities are divided into three business units: Trailer Systems, includes manufacturing axle systems, suspension systems, kingpins and coupling devices, landing legs and other components for the transport trailer industry; Powered Vehicle Systems, including fifth wheels, suspension systems for heavy-duty commercial vehicles, buses, and recreational vehicles, and Aftermarket, which supplies spare parts for vehicle manufacturers and dealers’ organizations, as well as independent workshops and fleet operators with spare parts from SAF-HOLLAND and third-party manufacturers. It has 13.09 P/E ratio.

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