Safran SA (OTCMKTS:SAFRY) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Safran SA (OTCMKTS:SAFRY) have earned a consensus recommendation of “Moderate Buy” from the nine research firms that are currently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation, three have given a buy recommendation and two have issued a strong buy recommendation on the company.

Several equities research analysts have commented on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Safran in a report on Wednesday. Jefferies Financial Group reiterated a “hold” rating on shares of Safran in a research note on Friday, July 10th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Safran in a research report on Wednesday. BNP Paribas Exane started coverage on shares of Safran in a research note on Monday, April 13th. They set a “neutral” rating on the stock. Finally, Citigroup reaffirmed a “neutral” rating on shares of Safran in a report on Monday, July 13th.

Safran Stock Performance

Shares of SAFRY opened at $99.00 on Friday. The business has a 50-day moving average of $92.53 and a 200 day moving average of $90.16. Safran has a fifty-two week low of $76.86 and a fifty-two 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.

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.