Safran SA (OTCMKTS:SAFRY) Receives Average Recommendation of “Moderate Buy” from Analysts

Safran SA (OTCMKTS:SAFRY) has earned an average recommendation of “Moderate Buy” from the eight research firms that are currently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and two have given a strong buy recommendation to the company.

Several brokerages have recently commented on SAFRY. Barclays restated an “overweight” rating on shares of Safran in a research note on Wednesday, June 25th. Zacks Research downgraded shares of Safran from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 30th. Sanford C. Bernstein upgraded shares of Safran from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 21st. The Goldman Sachs Group began coverage on shares of Safran in a research note on Friday, September 19th. They issued a “buy” rating on the stock. Finally, Citigroup downgraded shares of Safran from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 10th.

Safran Stock Down 1.7%

Shares of SAFRY stock opened at $87.34 on Friday. Safran has a one year low of $53.38 and a one year high of $89.84. The stock has a fifty day moving average price of $84.33 and a 200 day moving average price of $76.09. The company has a quick ratio of 0.66, a current ratio of 0.93 and a debt-to-equity ratio of 0.20.

Safran Company Profile

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, satellites, and drones; and offers maintenance, repair, and overhaul (MRO) services, as well as sells spare parts.