Safran SA (OTCMKTS:SAFRY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Safran SA (OTCMKTS:SAFRY) has been assigned a consensus rating of “Moderate Buy” from the eight ratings firms that are covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company.

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

Safran Price Performance

Shares of Safran stock opened at $92.70 on Friday. The firm’s 50 day moving average is $97.62 and its 200 day moving average is $91.32. Safran has a 1 year low of $76.86 and a 1 year 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.

Safran Company Profile

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.