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

Shares of Safran SA (OTCMKTS:SAFRY) have been given an average rating of “Moderate Buy” by the nine brokerages that are currently covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and two have given a strong buy recommendation to the company.

Several equities analysts have weighed in on SAFRY shares. Jefferies Financial Group cut Safran from a “buy” rating to a “hold” rating in a research note on Monday, April 20th. BNP Paribas Exane assumed 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. Citigroup raised Safran to a “hold” rating in a research note on Monday, June 8th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Safran in a research note on Thursday, April 9th.

Safran Stock Performance

OTCMKTS:SAFRY opened at $91.38 on Thursday. The company has a quick ratio of 0.68, a current ratio of 0.93 and a debt-to-equity ratio of 0.18. Safran has a fifty-two week low of $73.73 and a fifty-two week high of $106.71. The stock’s 50-day moving average is $84.94 and its two-hundred day moving average is $88.23.

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.