(CercleFinance.com) – Safran advances by more than 2% with the support of favorable remarks from Oddo BHF which, while adjusting its price target from 135 to 129 euros, reaffirms its ‘outperformance’ opinion and its preference for the share compared to its German peer MTU.
“We estimate that the growth dynamic is more favorable at Safran, particularly at the after-sales level”, explains the analyst, who also highlights a higher discount in terms of 12-month PE ratio compared to its average. five years.