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

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

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

Safran Price Performance

SAFRY opened at $83.92 on Thursday. The company has a quick ratio of 0.68, a current ratio of 0.93 and a debt-to-equity ratio of 0.18. The firm’s fifty day moving average price is $84.58 and its two-hundred day moving average price is $88.09. Safran has a 1 year low of $72.27 and a 1 year high of $106.71.

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.