Safran SA (OTCMKTS:SAFRY) Stock Rated “Moderate Buy” by Wall Street Brokerages

Safran SA (OTCMKTS:SAFRY – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the eight brokerages that are presently covering the firm, MarketBeat reports. Five equities research analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company.

Several equities analysts recently issued reports on the company. DZ Bank cut Safran from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 6th. Royal Bank Of Canada reissued an “outperform” rating on shares of Safran in a report on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Safran in a research report on Wednesday, July 29th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Safran in a research note on Thursday, August 13th. Finally, Citigroup reiterated a “neutral” rating on shares of Safran in a research report on Monday, July 13th.

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Safran Stock Performance

SAFRY opened at $87.70 on Wednesday. Safran has a 1-year low of $76.86 and a 1-year high of $106.71. The stock’s 50 day simple moving average is $96.64 and its 200 day simple moving average is $91.77.

Safran Company Profile

(Get Free Report)

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.

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