Safran SA (OTCMKTS:SAFRY - Get Free Report)'s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $76.69 and last traded at $76.42, with a volume of 18970 shares. The stock had previously closed at $75.46.
Wall Street Analyst Weigh In
A number of equities analysts have weighed in on SAFRY shares. Citigroup downgraded shares of Safran from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, June 10th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Safran in a research note on Thursday, May 22nd. Finally, Kepler Capital Markets upgraded shares of Safran from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 28th. Two investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy".
Check Out Our Latest Stock Analysis on Safran
Safran Price Performance
The business's fifty day moving average is $70.79 and its two-hundred day moving average is $64.61.
Safran Increases Dividend
The firm also recently declared a dividend, which was paid on Monday, June 23rd. Stockholders of record on Thursday, May 29th were issued a dividend of $0.6108 per share. This is an increase from Safran's previous dividend of $0.59. This represents a dividend yield of 0.82%. The ex-dividend date was Wednesday, May 28th.
About Safran
(
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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.
Further Reading
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