Safran SA (OTCMKTS:SAFRY - Get Free Report)'s share price hit a new 52-week high during trading on Monday . The company traded as high as $75.53 and last traded at $75.43, with a volume of 199948 shares trading hands. The stock had previously closed at $73.54.
Analysts Set New Price Targets
A number of equities analysts recently commented on SAFRY shares. Kepler Capital Markets upgraded Safran from a "hold" rating to a "strong-buy" rating in a report on Monday, April 28th. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Safran in a report on Thursday, May 22nd. One investment analyst has rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Safran presently has an average rating of "Buy".
Check Out Our Latest Stock Report on Safran
Safran Stock Down 0.5%
The business has a fifty day simple moving average of $66.76 and a 200-day simple moving average of $62.89. The company has a quick ratio of 0.61, a current ratio of 0.88 and a debt-to-equity ratio of 0.35.
Safran Increases Dividend
The company also recently disclosed a dividend, which will be paid on Monday, June 23rd. Shareholders of record on Thursday, May 29th will be issued a $0.6108 dividend. This is an increase from Safran's previous dividend of $0.59. The ex-dividend date of this dividend is Wednesday, May 28th. This represents a yield of 0.82%.
Safran Company Profile
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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.
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