Safran SA (OTCMKTS:SAFRY – Get Free Report) saw strong trading volume on Monday . 488,450 shares changed hands during trading, an increase of 139% from the previous session’s volume of 204,612 shares.The stock last traded at $101.76 and had previously closed at $102.14.
Wall Street Analyst Weigh In
Several analysts have recently issued reports on the company. Citigroup restated a “neutral” rating on shares of Safran in a research report on Tuesday, February 17th. Zacks Research lowered shares of Safran from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 11th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy”.
Check Out Our Latest Stock Report on Safran
Safran Stock Down 0.9%
About Safran
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.
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