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

Safran SA (OTCMKTS:SAFRY) has been assigned an average rating of “Moderate Buy” from the eight analysts that are currently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the company.

Several analysts have recently commented on SAFRY shares. Citigroup raised shares of Safran to a “hold” rating in a research report on Monday, June 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Safran in a research note on Thursday, April 9th. Wells Fargo & Company upgraded shares of Safran to a “strong-buy” rating in a report on Tuesday, March 31st. BNP Paribas Exane assumed coverage on shares of Safran in a research note on Monday, April 13th. They issued a “neutral” rating for the company. Finally, Jefferies Financial Group lowered shares of Safran from a “buy” rating to a “hold” rating in a report on Monday, April 20th.

Safran Price Performance

Shares of SAFRY stock opened at $100.94 on Monday. Safran has a fifty-two week low of $76.86 and a fifty-two week high of $106.71. The company has a current ratio of 0.93, a quick ratio of 0.68 and a debt-to-equity ratio of 0.18. The stock has a 50 day simple moving average of $87.27 and a two-hundred day simple moving average of $89.35.

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.