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

Safran SA (OTCMKTS:SAFRY) has received an average recommendation of “Moderate Buy” from the eight analysts that are presently covering the stock, MarketBeat reports. Four analysts have rated the stock with a hold recommendation, two have given a buy recommendation and two have given a strong buy recommendation to the company.

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

Safran Stock Performance

Shares of OTCMKTS:SAFRY opened at $100.94 on Monday. The firm’s fifty day moving average is $87.27 and its 200-day moving average is $89.35. The company has a current ratio of 0.93, a quick ratio of 0.68 and a debt-to-equity ratio of 0.18. Safran has a 52 week low of $76.86 and a 52 week high of $106.71.

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.