Safran SA (OTCMKTS:SAFRY) Given Consensus Recommendation of “Moderate Buy” by Analysts

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

A number of research firms have recently commented on SAFRY. Jefferies Financial Group cut Safran from a “buy” rating to a “hold” rating in a research note on Monday, April 20th. Wells Fargo & Company upgraded Safran to a “strong-buy” rating in a research note on Tuesday, March 31st. BNP Paribas Exane assumed coverage on Safran in a research note on Monday, April 13th. They set a “neutral” rating on the stock. Citigroup restated a “neutral” rating on shares of Safran in a research note on Tuesday, February 17th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Safran in a report on Thursday, April 9th.

Safran Stock Down 2.0%

OTCMKTS SAFRY opened at $83.92 on Thursday. Safran has a one year low of $72.27 and a one year 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 business’s fifty day moving average is $84.58 and its 200-day moving average is $88.09.

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.