Hauck & Aufhäuser Privatbankiers KGaA Gives SAF-Holland (ETR:SFQ) a Higher Rating. Will Other Analysts Follow Suit?


SAF-Holland (ETR:SFQ) Stock Upgrade

Hauck & Aufhäuser Privatbankiers KGaA has lifted shares of SAF-Holland (ETR:SFQ) to a respectable Buy rating in an interesting research report finalized today, and has established an estimated 12-month target of EUR 19.00, which is 44.60% from SFQ’s share price currently.

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 €17.10 with a 30.53% above today’s (€13.1) stock price. SAF-Holland was the topic of 12 analyst reports since July 17, 2015 according to the firm StockzIntelligence Inc. Oddo & Cie upgraded shares on November 7 to “Buy” rating. Equinet upgraded shares to “Buy” rating and €13.60 target share price in a report from an August 6. Hauck & Aufhäuser Privatbankiers KGaA upgraded SFQ stock in a recent report from October 9 to “Buy” rating. Finally, Commerzbank maintained the stock with “Hold” rating in a report issued on an August 6.

The stock increased 2.30% or EUR 0.29 on November 26, striking EUR 13.1. Approximately 131,173 shares of stock traded hands. SAF-HOLLAND S.A. (ETR:SFQ) has declined 2.96% since April 30, 2015 and is downtrending. It has underperformed by 1.60% the S&P500.

 Hauck & Aufhäuser Privatbankiers KGaA Gives SAF-Holland (ETR:SFQ) a Higher Rating. Will Other Analysts Follow Suit?

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 594.46 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 13.97 P/E ratio.