Safran (OTCMKTS:SAFRY) Stock Rating Lowered by DZ Bank

Safran (OTCMKTS:SAFRYGet Free Report) was downgraded by investment analysts at DZ Bank from a “strong-buy” rating to a “hold” rating in a report issued on Thursday,Zacks.com reports.

Several other equities research analysts also recently commented on the stock. Citigroup reiterated a “neutral” rating on shares of Safran in a research report on Monday, July 13th. BNP Paribas Exane assumed coverage on shares of Safran in a report on Monday, April 13th. They set a “neutral” rating on the stock. Jefferies Financial Group reissued a “hold” rating on shares of Safran in a research note on Friday, July 10th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Safran in a research report on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Safran in a report on Wednesday, July 29th. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Safran presently has a consensus rating of “Moderate Buy”.

Read Our Latest Stock Report on Safran

Safran Price Performance

OTCMKTS:SAFRY opened at $103.03 on Thursday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.68 and a current ratio of 0.93. The stock’s 50-day moving average is $94.46 and its 200-day moving average is $90.53. Safran has a 1-year low of $76.86 and a 1-year high of $106.71.

Safran Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Safran (OTCMKTS:SAFRY)

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