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

Safran SA (OTCMKTS:SAFRYGet Rating) has been assigned a consensus rating of “Hold” from the eleven ratings firms that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $140.00.

Several equities research analysts have recently commented on the company. Societe Generale raised Safran from a “hold” rating to a “buy” rating in a report on Monday, February 28th. Jefferies Financial Group raised Safran from an “underperform” rating to a “hold” rating in a report on Tuesday, May 3rd. Barclays raised Safran from an “equal weight” rating to an “overweight” rating in a report on Monday, March 28th. JPMorgan Chase & Co. upped their target price on Safran from €137.00 ($142.71) to €140.00 ($145.83) in a report on Monday, March 14th. Finally, Zacks Investment Research downgraded Safran from a “hold” rating to a “sell” rating in a research note on Wednesday, May 4th.

Shares of OTCMKTS SAFRY opened at $25.19 on Thursday. Safran has a 12 month low of $23.77 and a 12 month high of $38.35. The company has a quick ratio of 0.78, a current ratio of 1.04 and a debt-to-equity ratio of 0.41. The business has a fifty day simple moving average of $27.61 and a 200-day simple moving average of $29.76.

About Safran (Get Rating)

Safran SA, together with its subsidiaries, engages in the aerospace and defense businesses worldwide. The company operates through three segments: Aerospace Propulsion; Aircraft Equipment, Defense and Aerosystems; and Aircraft Interiors. The Aerospace Propulsion segment designs, develops, produces, and markets propulsion and mechanical power transmission systems for commercial aircraft, military transport, training and combat aircraft, civil and military helicopters, and drones.

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Analyst Recommendations for Safran (OTCMKTS:SAFRY)

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