Safran (OTCMKTS:SAFRY) Upgraded at Wells Fargo & Company

Wells Fargo & Company upgraded shares of Safran (OTCMKTS:SAFRY) to a strong-buy rating in a research report sent to investors on Tuesday morning,Zacks.com reports.

A number of other equities research analysts have also weighed in on SAFRY. Citigroup restated a “neutral” rating on shares of Safran in a research report on Tuesday, February 17th. Zacks Research downgraded Safran from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 11th. Three investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Safran Stock Down 1.0%

Shares of OTCMKTS:SAFRY opened at $82.98 on Tuesday. Safran has a 52-week low of $54.57 and a 52-week high of $106.71. The company has a current ratio of 0.93, a quick ratio of 0.68 and a debt-to-equity ratio of 0.18. The company has a fifty day moving average of $91.17 and a 200-day moving average of $88.98.

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.