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

Shares of Safran SA (OTCMKTS:SAFRY) have earned an average recommendation of “Moderate Buy” from the eight brokerages that are covering the company, MarketBeat reports. Five research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company.

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

Safran Price Performance

Safran stock opened at $95.24 on Friday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.68 and a current ratio of 0.93. The business has a 50 day simple moving average of $97.72 and a 200-day simple moving average of $91.29. Safran has a 12 month low of $76.86 and a 12 month high of $106.71.

Safran Company Profile

Safran is a French aerospace and defense company that develops and manufactures aircraft engines, propulsion systems, aircraft equipment and defense technologies. Its products and services support commercial aviation, business and regional aircraft, helicopters, military platforms and space applications.

The company is a leading manufacturer of aircraft engines through CFM International, its joint venture with GE Aerospace. Safran also produces landing gear, wheels and brakes, electrical systems, avionics, flight-control systems, cabin interiors and aircraft seats.