Safran SA (OTCMKTS:SAFRY – Get Free Report)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $90.53 and traded as high as $103.66. Safran shares last traded at $103.03, with a volume of 98,078 shares traded.
Analyst Upgrades and Downgrades
Several equities analysts have issued reports on SAFRY shares. Jefferies Financial Group restated a “hold” rating on shares of Safran in a research note on Friday, July 10th. Royal Bank Of Canada reissued an “outperform” rating on shares of Safran in a report on Wednesday, July 29th. Citigroup reissued a “neutral” rating on shares of Safran in a research report on Monday, July 13th. BNP Paribas Exane started coverage on Safran in a research note on Monday, April 13th. They set a “neutral” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Safran in a research note on Wednesday, July 29th. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Safran presently has an average rating of “Moderate Buy”.
View Our Latest Analysis on SAFRY
Safran Price Performance
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.
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