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

Safran SA (OTCMKTS:SAFRY) has been given a consensus recommendation of “Moderate Buy” by the nine brokerages that are currently covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and two have issued a strong buy recommendation on the company.

Several analysts recently issued reports on SAFRY shares. The Goldman Sachs Group began coverage on shares of Safran in a research report on Friday, September 19th. They set a “buy” rating for the company. Zacks Research downgraded shares of Safran from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 11th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Safran in a report on Friday, October 24th.

Safran Trading Down 0.9%

Shares of Safran stock opened at $92.67 on Monday. Safran has a twelve month low of $54.57 and a twelve month high of $94.83. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.66 and a current ratio of 0.93. The company’s 50 day moving average is $87.36 and its 200 day moving average is $85.33.

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.