Safran SA (OTCMKTS:SAFRY) Given Consensus Rating of “Moderate Buy” by Brokerages

Safran SA (OTCMKTS:SAFRY) has earned an average recommendation of “Moderate Buy” from the eight ratings firms that are presently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company.

A number of analysts recently commented on SAFRY shares. Citigroup upgraded Safran to a “hold” rating in a research report on Monday, June 8th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Safran in a research note on Thursday, April 9th. BNP Paribas Exane assumed coverage on shares of Safran in a research report on Monday, April 13th. They set a “neutral” rating for the company. Wells Fargo & Company raised shares of Safran to a “strong-buy” rating in a research note on Tuesday, March 31st. Finally, Jefferies Financial Group restated a “hold” rating on shares of Safran in a report on Friday.

Safran Stock Down 1.3%

OTCMKTS SAFRY opened at $96.05 on Monday. Safran has a 52 week low of $76.86 and a 52 week high of $106.71. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.93 and a quick ratio of 0.68. The stock has a fifty day moving average of $89.13 and a 200-day moving average of $89.71.

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.