Safran SA (OTCMKTS:SAFRY) Given Average Rating of “Moderate Buy” by Analysts

Shares of Safran SA (OTCMKTS:SAFRY) have been given an average rating of “Moderate Buy” by the nine brokerages that are covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating, three have issued a buy rating and two have issued a strong buy rating on the company.

Several analysts have issued reports on SAFRY shares. Wells Fargo & Company raised shares of Safran to a “strong-buy” rating in a report on Tuesday, March 31st. Jefferies Financial Group downgraded shares of Safran from a “buy” rating to a “hold” rating in a report on Monday, April 20th. BNP Paribas Exane started coverage on shares of Safran in a report on Monday, April 13th. They issued a “neutral” rating on the stock. Citigroup reaffirmed a “neutral” rating on shares of Safran in a report on Tuesday, February 17th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Safran in a report on Thursday, April 9th.

Safran Trading Down 4.3%

Shares of OTCMKTS SAFRY opened at $78.37 on Friday. Safran has a 12-month low of $70.84 and a 12-month high of $106.71. The company has a quick ratio of 0.68, a current ratio of 0.93 and a debt-to-equity ratio of 0.18. The firm’s 50-day moving average is $85.17 and its two-hundred day moving average is $88.55.

About Safran

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.