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

Shares of Safran SA (OTCMKTS:SAFRY) have been assigned an average recommendation of “Moderate Buy” from the eight brokerages that are covering the firm, MarketBeat Ratings reports. Five analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company.

A number of analysts have recently commented on SAFRY shares. Jefferies Financial Group reiterated a “hold” rating on shares of Safran in a research note on Thursday, August 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Safran in a research report on Wednesday, July 29th. Citigroup restated a “neutral” rating on shares of Safran in a report on Monday, July 13th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Safran in a research report on Wednesday, July 29th. Finally, DZ Bank lowered shares of Safran from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 6th.

Safran Stock Up 0.8%

OTCMKTS SAFRY opened at $96.53 on Friday. Safran has a one year low of $76.86 and a one year high of $106.71. The stock has a 50-day moving average of $97.81 and a 200 day moving average of $91.35. The company has a current ratio of 0.93, a quick ratio of 0.68 and a debt-to-equity ratio of 0.18.

About Safran

Safran is a French aerospace and defense company that develops and manufactures aircraft engines, propulsion systems, aircraft equipment and defense technologies. Its products and services support commercial aviation, business and regional aircraft, helicopters, military platforms and space applications.

The company is a leading manufacturer of aircraft engines through CFM International, its joint venture with GE Aerospace. Safran also produces landing gear, wheels and brakes, electrical systems, avionics, flight-control systems, cabin interiors and aircraft seats.