Safran (OTCMKTS:SAFRY – Get Free Report) is projected to announce its resultson Tuesday, July 28th. Analysts expect Safran to announce earnings of $1.45 per share and revenue of $19.9934 billion for the quarter.
Safran Trading Down 2.2%
SAFRY stock opened at $92.10 on Tuesday. The stock’s fifty day simple moving average is $90.33 and its two-hundred day simple moving average is $89.95. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.93 and a quick ratio of 0.68. Safran has a 1-year low of $76.86 and a 1-year high of $106.71.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently issued reports on SAFRY shares. Jefferies Financial Group reaffirmed a “hold” rating on shares of Safran in a research report on Friday, July 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Safran in a research report on Thursday, April 9th. BNP Paribas Exane began coverage on shares of Safran in a report on Monday, April 13th. They set a “neutral” rating for the company. Citigroup reaffirmed a “neutral” rating on shares of Safran in a research report on Monday, July 13th. Finally, Wells Fargo & Company upgraded shares of Safran to a “strong-buy” rating in a research note on Tuesday, March 31st. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy”.
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.
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