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

Safran SA (OTCMKTS:SAFRY) has been assigned a consensus rating of “Moderate Buy” from the nine brokerages that are currently covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company.

SAFRY has been the topic of a number of recent analyst reports. Royal Bank Of Canada reissued an “outperform” rating on shares of Safran in a report on Wednesday. Jefferies Financial Group reaffirmed a “hold” rating on shares of Safran in a research note on Friday, July 10th. BNP Paribas Exane assumed coverage on shares of Safran in a report on Monday, April 13th. They set a “neutral” rating on the stock. Citigroup reiterated a “neutral” rating on shares of Safran in a research note on Monday, July 13th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Safran in a report on Wednesday.

Safran Trading Up 1.8%

SAFRY stock opened at $99.00 on Friday. The stock has a 50-day simple moving average of $92.53 and a two-hundred day simple moving average of $90.16. Safran has a twelve month low of $76.86 and a twelve month high of $106.71. The company has a quick ratio of 0.68, a current ratio of 0.93 and a debt-to-equity ratio of 0.18.

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.