Safran (OTCMKTS:SAFRY) Raised to Strong-Buy at Kepler Capital Markets

Kepler Capital Markets upgraded shares of Safran (OTCMKTS:SAFRY - Free Report) from a hold rating to a strong-buy rating in a research report sent to investors on Monday, April 28th,Zacks.com reports.

Separately, Morgan Stanley cut shares of Safran from an "overweight" rating to an "equal weight" rating in a research report on Thursday, January 16th.

Safran Price Performance

SAFRY traded up $1.33 on Monday, reaching $68.40. The company had a trading volume of 736,152 shares, compared to its average volume of 313,966. Safran has a 52-week low of $51.02 and a 52-week high of $72.00. The company has a current ratio of 0.88, a quick ratio of 0.61 and a debt-to-equity ratio of 0.35. The business has a 50 day simple moving average of $64.75 and a 200 day simple moving average of $60.63.

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.