Safran SA (OTCMKTS:SAFRY) Stock Rated “Moderate Buy” by Sell-Side Analysts

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

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

Safran Stock Down 0.8%

Shares of SAFRY stock opened at $87.70 on Wednesday. The business’s fifty day moving average price is $96.64 and its 200 day moving average price is $91.77. Safran has a 1-year low of $76.86 and a 1-year high of $106.71.

About Safran

Safran is a France-based international aerospace and defense company that designs, develops and manufactures equipment and systems for civil and military aircraft, helicopters and spacecraft. Its businesses include aircraft and helicopter engines, propulsion systems, landing gear, wheels and carbon brakes, nacelles, avionics, flight-control systems, electrical systems and aircraft interiors such as seats and cabin equipment.

The company is also active in defense and space through products such as inertial navigation systems, optronics, tactical equipment, guidance systems and satellite-related technologies.