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Analysts’ Top Industrial Goods Picks: SAFRAN SA (GB:0IU8), LEGRAND (GB:0MW7)

Analysts fell to the sidelines weighing in on SAFRAN SA (GB:0IU8Research Report), LEGRAND (GB:0MW7Research Report) and Kuehne + Nagel International AG (CH:KNINResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

SAFRAN SA (GB:0IU8)

In a report issued on February 15, Aymeric Poulain from Kepler Capital maintained a Hold rating on SAFRAN SA, with a price target of EUR175.00. The company’s shares closed last Friday at EUR185.98.

According to TipRanks.com, Poulain is a 5-star analyst with an average return of 13.9% and a 70.2% success rate. Poulain covers the Industrial Goods sector, focusing on stocks such as Rolls-Royce Holdings, Airbus Group SE, and BAE Systems.

Currently, the analyst consensus on SAFRAN SA is a Moderate Buy with an average price target of EUR179.50, implying a -2.0% downside from current levels. In a report issued on February 1, Goldman Sachs also downgraded the stock to Hold with a EUR185.00 price target.

See today’s best-performing stocks on TipRanks >>

LEGRAND (GB:0MW7)

In a report issued on February 15, William Mackie from Kepler Capital maintained a Hold rating on LEGRAND, with a price target of EUR100.00. The company’s shares closed last Friday at EUR91.92.

According to TipRanks.com, Mackie is a 3-star analyst with an average return of 2.6% and a 54.0% success rate. Mackie covers the Industrial Goods sector, focusing on stocks such as Siemens Energy, ABB Ltd, and Nordex.

The word on The Street in general, suggests a Hold analyst consensus rating for LEGRAND with an EUR91.38 average price target, representing a 0.6% upside. In a report issued on February 6, Jefferies also upgraded the stock to Hold with a EUR85.00 price target.

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