Safran (SAFRY) Rating Lowered to Hold at ValuEngine

Safran (OTCMKTS:SAFRY) was downgraded by equities researchers at ValuEngine from a “buy” rating to a “hold” rating in a note issued to investors on Friday.

Separately, Zacks Investment Research lowered shares of Safran from a “buy” rating to a “hold” rating in a report on Wednesday, September 13th.

Shares of Safran (SAFRY) traded down $0.29 during trading hours on Friday, hitting $26.36. 1,710,903 shares of the stock were exchanged, compared to its average volume of 25,998. The company has a current ratio of 1.16, a quick ratio of 0.88 and a debt-to-equity ratio of 0.43. Safran has a 52 week low of $16.71 and a 52 week high of $26.93.

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Safran Company Profile

Safran SA, together with its subsidiaries, engages in the aerospace and defense businesses worldwide. The company operates through three segments: Aerospace Propulsion, Aircraft Equipment, and Defense. The Aerospace Propulsion segment designs, develops, produces, and markets propulsion systems for commercial aircraft, military transport, training and combat aircraft, rocket engines, civil and military helicopters, and tactical missiles and drones.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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