Safran SA (OTCMKTS:SAFRY) Receives Average Recommendation of “Moderate Buy” from Analysts

Safran SA (OTCMKTS:SAFRY) has received an average recommendation of “Moderate Buy” from the nine analysts that are presently covering the company, MarketBeat reports. Five analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company.

Several brokerages recently commented on SAFRY. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Safran in a research report on Wednesday, July 29th. Citigroup reissued a “neutral” rating on shares of Safran in a report on Monday, July 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Safran in a report on Wednesday, July 29th. DZ Bank lowered shares of Safran from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 6th. Finally, Jefferies Financial Group reissued a “hold” rating on shares of Safran in a research note on Thursday, August 13th.

Safran Trading Down 1.0%

Shares of OTCMKTS:SAFRY opened at $98.87 on Tuesday. 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. The business’s 50 day moving average is $97.98 and its 200-day moving average is $91.40.

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.