Safran SA (OTCMKTS:SAFRY – Get Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $88.09 and traded as low as $83.59. Safran shares last traded at $83.92, with a volume of 108,837 shares trading hands.
Wall Street Analyst Weigh In
Several analysts recently commented on SAFRY shares. BNP Paribas Exane started coverage on shares of Safran in a research note on Monday, April 13th. They issued a “neutral” rating for the company. Citigroup reiterated a “neutral” rating on shares of Safran in a research note on Tuesday, February 17th. Jefferies Financial Group cut shares of Safran from a “buy” rating to a “hold” rating in a research note on Monday, April 20th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Safran in a research note on Thursday, April 9th. Finally, Wells Fargo & Company upgraded shares of Safran to a “strong-buy” rating in a research report on Tuesday, March 31st. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.
View Our Latest Research Report on SAFRY
Safran Stock Down 2.0%
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.
Featured Stories
- Five stocks we like better than Safran
- Everpure: AI Storage Uncertainty Overshadows Breakneck Growth
- This Tech ETF Is Beating QQQ—and Canada May Be Part of the Reason
- Intel Is the Market’s Most Mispriced AI Hedge
- The Biggest Opportunity From SpaceX’s IPO May Surprise You
Receive News & Ratings for Safran Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Safran and related companies with MarketBeat.com's FREE daily email newsletter.
