Safran SA (OTCMKTS:SAFRY) Given Consensus Rating of “Moderate Buy” by Analysts

Safran SA (OTCMKTS:SAFRY) has earned a consensus rating of “Moderate Buy” from the nine analysts that are currently covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and two have issued a strong buy recommendation on the company.

SAFRY has been the subject of several research reports. Jefferies Financial Group cut shares of Safran from a “buy” rating to a “hold” rating in a report on Monday, April 20th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Safran in a report on Thursday, April 9th. Citigroup upgraded shares of Safran to a “hold” rating in a report on Monday, June 8th. BNP Paribas Exane initiated coverage on shares of Safran in a report on Monday, April 13th. They set a “neutral” rating for the company. Finally, Wells Fargo & Company upgraded shares of Safran to a “strong-buy” rating in a report on Tuesday, March 31st.

Safran Price Performance

SAFRY stock opened at $92.95 on Thursday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.68 and a current ratio of 0.93. The firm has a 50 day simple moving average of $85.35 and a 200 day simple moving average of $88.38. Safran has a 52 week low of $73.73 and a 52 week high of $106.71.

About Safran

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.