ENXTPA:SAFAerospace & Defense
Is Safran (ENXTPA:SAF) Below Fair Value Following Its Electra.aero TG600 Agreement?
Safran (ENXTPA:SAF) is back in focus after Electra.aero confirmed a life of program production agreement for TG600 turbogenerators to power its EL9 Ultra Short hybrid electric aircraft.
See our latest analysis for Safran.
The Electra.aero agreement comes as Safran’s share price, now at €329.8, shows mixed short term momentum with a 22.15% 90 day share price return but a more moderate 7.36% year to date share price return. The 1 year, 3 year and 5 year total shareholder returns of 20.18%,...