Safran (OTCMKTS:SAFRY) Upgraded to Strong-Buy at Kepler Capital Markets

Kepler Capital Markets upgraded shares of Safran (OTCMKTS:SAFRY) from a hold rating to a strong-buy rating in a research note issued to investors on Monday morning,Zacks.com reports.

Separately, Morgan Stanley lowered Safran from an “overweight” rating to an “equal weight” rating in a research report on Thursday, January 16th.

Safran Stock Performance

SAFRY stock opened at $65.83 on Monday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.61 and a current ratio of 0.88. Safran has a twelve month low of $51.02 and a twelve month high of $72.00. The business has a fifty day moving average of $64.54 and a 200-day moving average of $60.39.

About Safran

Safran SA, together with its subsidiaries, engages in the aerospace and defense businesses worldwide. The company operates through three segments: Aerospace Propulsion; Aircraft Equipment, Defense and Aerosystems; and Aircraft Interiors. The Aerospace Propulsion segment designs, develops, produces, and markets propulsion and mechanical power transmission systems for commercial aircraft, military transport, training and combat aircraft, civil and military helicopters, satellites, and drones; and offers maintenance, repair, and overhaul (MRO) services, as well as sells spare parts.