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

Safran SA (OTCMKTS:SAFRY) has been assigned a consensus rating of “Buy” from the eight ratings firms that are presently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and two have issued a strong buy recommendation on the company.

SAFRY has been the subject of a number of recent research reports. Jefferies Financial Group reaffirmed a “buy” rating on shares of Safran in a report on Friday, October 24th. Zacks Research downgraded Safran from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 11th.

Safran Stock Up 1.1%

Shares of OTCMKTS:SAFRY opened at $93.28 on Monday. Safran has a 52-week low of $54.57 and a 52-week high of $96.45. The company has a current ratio of 0.93, a quick ratio of 0.66 and a debt-to-equity ratio of 0.20. The company has a fifty day moving average of $87.90 and a 200-day moving average of $85.83.

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.