Safran (OTCMKTS:SAFRY) Rating Increased to Strong-Buy at Kepler Capital Markets

Safran (OTCMKTS:SAFRY) was upgraded by investment analysts at Kepler Capital Markets from a “hold” rating to a “strong-buy” rating in a research note issued on Monday,Zacks.com reports.

Separately, Morgan Stanley cut shares of Safran from an “overweight” rating to an “equal weight” rating in a research report on Thursday, January 16th.

Safran Price Performance

OTCMKTS SAFRY opened at $65.83 on Monday. The company has a quick ratio of 0.61, a current ratio of 0.88 and a debt-to-equity ratio of 0.35. Safran has a 1-year low of $51.02 and a 1-year high of $72.00. The business’s 50-day simple moving average is $64.54 and its 200-day simple moving average is $60.39.

About Safran

Safran SA, together with its subsidiaries, engages in the aerospace and defense businesses worldwide. The company operates through three segments: Aerospace Propulsion; Aircraft Equipment, Defense and Aerosystems; and Aircraft Interiors. The Aerospace Propulsion segment designs, develops, produces, and markets propulsion and mechanical power transmission systems for commercial aircraft, military transport, training and combat aircraft, civil and military helicopters, satellites, and drones; and offers maintenance, repair, and overhaul (MRO) services, as well as sells spare parts.