Safran SA (SAFRY) – What Are Investment Firms Thinking About This Stock?

Safran SA (OTCMKTS:SAFRY) has received a consensus rating of “Moderate Buy” from the eight ratings firms that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, two have issued a buy recommendation and two have given a strong buy recommendation to the company.

Several research analysts recently commented on SAFRY shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Safran in a report on Wednesday, July 29th. Jefferies Financial Group reiterated a “hold” rating on shares of Safran in a research note on Thursday, August 13th. Citigroup reissued a “neutral” rating on shares of Safran in a research report on Wednesday, October 28th. Royal Bank Of Canada restated an “outperform” rating on shares of Safran in a report on Monday, October 26th. Finally, Zacks Research cut shares of Safran from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 29th.

Safran Price Performance

OTCMKTS SAFRY opened at $81.96 on Friday. The company has a quick ratio of 0.66, a current ratio of 0.92 and a debt-to-equity ratio of 0.19. Safran has a 1-year low of $75.22 and a 1-year high of $106.71. The business’s 50-day simple moving average is $89.50 and its 200-day simple moving average is $91.02.

About Safran

Safran is a French aerospace and defense group that develops and manufactures equipment and systems for commercial and military aircraft, helicopters, and space applications. Its products include aircraft engines and propulsion systems, landing gear, wheels and brakes, engine nacelles, aircraft seats, and avionics and electrical systems.

The company also provides maintenance, repair, and overhaul services for aircraft engines and equipment. In defense, its activities include navigation systems, optronics, and other onboard technologies.