Shares of Safran SA (OTCMKTS:SAFRY – Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $98.87, but opened at $102.20. Safran shares last traded at $103.05, with a volume of 7,957 shares changing hands.
Analyst Ratings Changes
Several research firms have recently commented on SAFRY. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Safran in a research report on Wednesday, July 29th. 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. DZ Bank cut 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 research note on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.
Get Our Latest Stock Report on SAFRY
Safran Stock Performance
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.
Further Reading
- Five stocks we like better than Safran
- Nutanix’s Rally Has a Bigger Story Than Earnings as AMD’s AI Bet Takes Shape
- SEC Probe Puts Wall Street Leverage Risk Back in Focus
- A Bearish-Dollar Options Surge Raises the Stakes for Warsh at Jackson Hole
- Five Below’s Turnaround Is Working—But Has the Stock Run Too Far?
Receive News & Ratings for Safran Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Safran and related companies with MarketBeat.com's FREE daily email newsletter.
