Safran SA (OTCMKTS:SAFRY) Receives Average Recommendation of “Buy” from Analysts

Shares of Safran SA (OTCMKTS:SAFRY) have been assigned an average recommendation of “Buy” from the nine ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and three have assigned a strong buy recommendation to the company.

A number of research firms recently weighed in on SAFRY. Jefferies Financial Group reaffirmed a “buy” rating on shares of Safran in a report on Friday, October 24th. Sanford C. Bernstein raised Safran from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 21st. Zacks Research raised Safran from a “hold” rating to a “strong-buy” rating in a report on Wednesday. Finally, The Goldman Sachs Group initiated coverage on Safran in a report on Friday, September 19th. They set a “buy” rating for the company.

Safran Price Performance

SAFRY stock opened at $88.64 on Wednesday. The business has a fifty day moving average price of $85.83 and a 200 day moving average price of $79.35. Safran has a fifty-two week low of $53.38 and a fifty-two week high of $89.84. The company has a quick ratio of 0.66, a current ratio of 0.93 and a debt-to-equity ratio of 0.20.

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.