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

Safran SA (OTCMKTS:SAFRY) has been given an average recommendation of “Buy” by the eight analysts that are presently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating on the company.

Several equities analysts have recently weighed in on SAFRY shares. Zacks Research lowered shares of Safran from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 11th. Citigroup reaffirmed a “neutral” rating on shares of Safran in a research report on Tuesday, February 17th.

Safran Trading Down 1.2%

Safran stock opened at $78.70 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.68 and a debt-to-equity ratio of 0.18. Safran has a 12-month low of $54.57 and a 12-month high of $106.71. The firm’s fifty day moving average is $91.69 and its 200 day moving average is $89.07.

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.