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

Safran SA (OTCMKTS:SAFRY) has been assigned a consensus recommendation of “Moderate Buy” from the nine research firms that are currently covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and two have given a strong buy recommendation to the company.

SAFRY has been the topic of several research analyst reports. BNP Paribas Exane initiated coverage on shares of Safran in a report on Monday, April 13th. They issued a “neutral” rating on the stock. Wells Fargo & Company raised shares of Safran to a “strong-buy” rating in a report on Tuesday, March 31st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Safran in a report on Thursday, April 9th. Jefferies Financial Group cut Safran from a “buy” rating to a “hold” rating in a research note on Monday, April 20th. Finally, Citigroup reissued a “neutral” rating on shares of Safran in a research note on Tuesday, February 17th.

Safran Trading Down 1.0%

Safran stock opened at $81.90 on Friday. Safran has a fifty-two week low of $71.49 and a fifty-two week high of $106.71. The firm’s fifty day moving average price is $84.27 and its 200-day moving average price is $88.34. The company has a quick ratio of 0.68, a current ratio of 0.93 and a debt-to-equity ratio of 0.18.

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.