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

Safran SA (OTCMKTS:SAFRY) has been assigned an average rating of “Buy” from the eight analysts that are covering the stock, Marketbeat reports. Two equities 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.

A number of equities analysts have weighed in on the stock. Citigroup reiterated a “neutral” rating on shares of Safran in a research report on Tuesday, February 17th. Zacks Research downgraded shares of Safran from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 11th.

Safran Stock Down 1.3%

Safran stock opened at $79.63 on Friday. Safran has a 12-month low of $54.57 and a 12-month high of $106.71. The firm has a 50 day moving average of $91.98 and a 200 day moving average of $89.01. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.93 and a quick ratio of 0.68.

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.