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

Safran SA (OTCMKTS:SAFRY) has received a consensus rating of “Moderate Buy” from the nine research firms that are presently covering the company, MarketBeat reports. Five research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company.

A number of research firms recently commented on SAFRY. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Safran in a report on Wednesday, July 29th. Jefferies Financial Group restated a “hold” rating on shares of Safran in a research report on Thursday, August 13th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Safran in a research note on Wednesday, July 29th. DZ Bank cut Safran from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 6th. Finally, Citigroup reissued a “neutral” rating on shares of Safran in a research report on Monday, July 13th.

Safran Stock Performance

Shares of OTCMKTS SAFRY opened at $97.26 on Tuesday. The company has a 50 day simple moving average of $98.50 and a 200-day simple moving average of $91.72. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.68 and a current ratio of 0.93. Safran has a 1 year low of $76.86 and a 1 year high of $106.71.

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.