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

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

Several equities analysts have issued reports on SAFRY shares. Jefferies Financial Group reiterated a “hold” rating on shares of Safran in a research report on Thursday, August 13th. DZ Bank cut Safran from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Safran in a research note on Wednesday, July 29th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Safran in a report on Wednesday, July 29th. Finally, Citigroup reiterated a “neutral” rating on shares of Safran in a research report on Monday, July 13th.

Safran Price Performance

OTCMKTS SAFRY opened at $98.87 on Tuesday. Safran has a one year low of $76.86 and a one year high of $106.71. The stock’s 50 day simple moving average is $97.98 and its 200 day simple moving average is $91.40. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.68 and a current ratio of 0.93.

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.