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

Safran SA (OTCMKTS:SAFRY) has earned an average rating of “Moderate Buy” from the eight ratings firms that are currently covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and two have assigned a strong buy recommendation to the company.

Several equities research analysts have issued reports on SAFRY shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Safran in a research note on Thursday, April 9th. Citigroup upgraded Safran to a “hold” rating in a report on Monday, June 8th. Wells Fargo & Company raised Safran to a “strong-buy” rating in a research report on Tuesday, March 31st. Jefferies Financial Group restated a “hold” rating on shares of Safran in a research note on Friday. Finally, BNP Paribas Exane started coverage on Safran in a research note on Monday, April 13th. They issued a “neutral” rating for the company.

Safran Stock Performance

Shares of OTCMKTS:SAFRY opened at $96.05 on Monday. The stock has a 50-day simple moving average of $89.13 and a 200-day simple moving average of $89.71. Safran has a 1 year low of $76.86 and a 1 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.

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.