Safran SA (OTCMKTS:SAFRY) Given Average Rating of “Buy” by Brokerages

Safran SA (OTCMKTS:SAFRY) has been assigned an average recommendation of “Buy” from the eight analysts that are presently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the company.

SAFRY has been the topic of a number of analyst reports. Jefferies Financial Group reissued a “buy” rating on shares of Safran in a research note on Friday, October 24th. Zacks Research lowered Safran from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 11th.

Safran Stock Performance

SAFRY opened at $91.48 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.66 and a debt-to-equity ratio of 0.20. The firm’s fifty day moving average price is $89.70 and its two-hundred day moving average price is $86.97. Safran has a fifty-two week low of $54.57 and a fifty-two week high of $96.45.

Safran Company Profile

Safran is a French multinational company active in aerospace, defense and security, with headquarters in the Paris area. The group was formed through the consolidation of long-established French aerospace and technology businesses and has developed into a broad supplier to commercial aviation, helicopters, space programs and military customers. Safran operates manufacturing, engineering and service facilities around the world to support original equipment manufacturers and aftermarket needs.

The company’s principal activities cover aircraft propulsion and equipment.