SAF-Holland (ETR:SFQ): Commerzbank AG Reiterates Hold Rating Today, Has a Target of EUR 14.50/Share

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SAF-Holland (ETR:SFQ) Rating Reaffirmed

Recently, In an interesting research report released on Friday, 11 December, SAF-Holland (ETR:SFQ) shares have had their Hold Rating kept steady by investment analysts at Commerzbank AG, who currently has a EUR 14.50 target PPS on company. This target by Commerzbank AG suggests the possibile upside of 14.99% from the last stock close.

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 39.11% above today’s (€12.58) 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.

The stock increased 0.76% or EUR 0.1 on December 10, striking EUR 12.58. Approximately 301,227 shares of stock traded hands or 75.56% up from the average. SAF-HOLLAND S.A. (ETR:SFQ) has declined 0.55% since May 14, 2015 and is downtrending. It has outperformed by 1.39% the S&P500.

SAF-Holland (ETR:SFQ): Commerzbank AG Reiterates Hold Rating Today, Has a Target of EUR 14.50/Share

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 569.04 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 13.41 P/E ratio.

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