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

Shares of Safran SA (OTCMKTS:SAFRY) have received a consensus recommendation of “Moderate Buy” from the nine research firms that are presently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation, four have given a buy recommendation and two have assigned a strong buy recommendation to the company.

Several analysts have weighed in on SAFRY shares. Jefferies Financial Group restated a “buy” rating on shares of Safran in a research report on Friday, October 24th. The Goldman Sachs Group began coverage on Safran in a research note on Friday, September 19th. They issued a “buy” rating on the stock. Finally, Zacks Research lowered Safran from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 11th.

Safran Price Performance

OTCMKTS SAFRY opened at $93.54 on Monday. Safran has a one year low of $54.57 and a one year high of $96.45. The firm’s fifty day moving average is $87.70 and its two-hundred day moving average is $85.60. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.66 and a current ratio of 0.93.

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.