Safran SA (OTCMKTS:SAFRY) Given Average Rating of “Buy” by Brokerages

Safran SA (OTCMKTS:SAFRY) has earned an average rating of “Buy” from the eight brokerages that are presently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and two have assigned a strong buy rating to the company.

Several brokerages recently issued reports on SAFRY. Zacks Research lowered shares of Safran from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 11th. Citigroup reissued a “neutral” rating on shares of Safran in a research report on Tuesday, February 17th.

Safran Trading Down 3.7%

Shares of SAFRY stock opened at $92.17 on Tuesday. Safran has a 52 week low of $54.57 and a 52 week high of $106.71. The company has a quick ratio of 0.66, a current ratio of 0.93 and a debt-to-equity ratio of 0.20. The firm has a 50 day moving average of $93.55 and a 200-day moving average of $88.68.

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.