Safran SA (OTCMKTS:SAFRY) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Safran SA (OTCMKTS:SAFRY) have earned a consensus rating of “Moderate Buy” from the ten research firms that are covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating, three have given a buy rating and three have issued a strong buy rating on the company.

A number of research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Safran in a research report on Thursday, April 9th. BNP Paribas Exane assumed coverage on Safran in a research report on Monday, April 13th. They set a “neutral” rating for the company. Jefferies Financial Group lowered Safran from a “buy” rating to a “hold” rating in a report on Monday. Citigroup reissued a “neutral” rating on shares of Safran in a report on Tuesday, February 17th. Finally, Wells Fargo & Company raised Safran to a “strong-buy” rating in a report on Tuesday, March 31st.

Safran Stock Performance

SAFRY stock opened at $79.47 on Wednesday. Safran has a twelve month low of $65.20 and a twelve month high of $106.71. The company has a quick ratio of 0.68, a current ratio of 0.93 and a debt-to-equity ratio of 0.18. The business has a 50 day moving average of $89.85 and a 200 day moving average of $89.08.

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.