Safran traded at 324.00 this Tuesday June 16th, increasing 7.60 or 2.40 percent since the previous trading session. Looking back, over the last four weeks, Safran gained 18.29 percent. Over the last 12 months, its price rose by 24.71 percent. Looking ahead, we forecast Safran to be priced at 298.85 by the end of this quarter and at 278.10 in one year, according to Trading Economics global macro models projections and analysts expectations.
Safran SA is a France-based high-technology company that carries out research, design, development, testing, manufacturing, sales, maintenance, and support operations for its high-technology activities. The Company’s segments are: Aerospace Propulsion, Aircraft Equipment and Aircraft Interiors. The Aerospace Propulsion segment designs, develops, produces, and markets, propulsion and mechanical power transmission systems for commercial aircraft, military transport, training and combat aircraft, civil and military helicopters, satellites, and drones. It also includes maintenance, repair, and overhaul (MRO) activities and the sale of spare parts. The Aircraft Equipment segment operates in five main sectors: Landing and braking systems, Engine systems and equipment, Electrical systems and engineering, Aerosystems, and Electronics & Defense. The Aircraft Interiors segment covers seats and cabin fittings, closets, in-flight entertainment systems and flight-deck equipment.