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

Safran SA (OTCMKTS:SAFRY) has earned a consensus rating of “Moderate Buy” from the nine analysts that are covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company.

Several brokerages have recently weighed in on SAFRY. Sanford C. Bernstein upgraded Safran from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 21st. The Goldman Sachs Group began coverage on Safran in a report on Friday, September 19th. They issued a “buy” rating on the stock. Zacks Research downgraded Safran from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 30th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Safran in a report on Friday.

Safran Price Performance

Shares of OTCMKTS SAFRY opened at $88.45 on Wednesday. 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 business’s 50 day moving average price is $85.61 and its 200-day moving average price is $78.88. Safran has a fifty-two week low of $53.38 and a fifty-two week high of $89.84.

About Safran

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.