Safran SA (OTCMKTS:SAFRY) Given Average Recommendation of “Moderate Buy” by Analysts

Safran SA (OTCMKTS:SAFRY) has received a consensus recommendation of “Moderate Buy” from the nine research firms that are currently covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating, three have issued a buy rating and two have issued a strong buy rating on the company.

Several equities research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Safran in a research report on Wednesday, July 29th. Citigroup restated a “neutral” rating on shares of Safran in a research report on Monday, July 13th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Safran in a research report on Wednesday, July 29th. BNP Paribas Exane initiated coverage on Safran in a research report on Monday, April 13th. They set a “neutral” rating on the stock. Finally, Jefferies Financial Group reaffirmed a “hold” rating on shares of Safran in a research note on Friday, July 10th.

Safran Stock Performance

Shares of SAFRY opened at $102.09 on Friday. Safran has a 12-month low of $76.86 and a 12-month 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. The stock has a 50-day moving average price of $94.18 and a 200-day moving average price of $90.45.

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.