Safran SA (OTCMKTS:SAFRY) Given Average Rating of "Buy" by Analysts

Key Points

• Analysts have given Safran SA a consensus rating of "Buy", with two analysts rating it a hold, two a buy, and two a strong buy.
• Safran's stock recently opened at $82.06, showing an increase of 0.9% and with a 12-month price range between $53.27 and $85.77.
• Safran operates in the aerospace and defense sectors and has three business segments focused on propulsion, aircraft equipment, and interiors.

Shares of Safran SA (OTCMKTS:SAFRY - Get Free Report) have earned a consensus rating of "Buy" from the six research firms that are covering the company, MarketBeat reports. Two research analysts have rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating on the company.

A number of analysts have weighed in on the company. Barclays reiterated an "overweight" rating on shares of Safran in a research note on Wednesday, June 25th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Safran in a research note on Thursday, May 22nd. Citigroup lowered Safran from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, June 10th. Finally, Sanford C. Bernstein upgraded Safran from a "hold" rating to a "strong-buy" rating in a research note on Thursday, August 21st.

Safran Trading Up 0.9%

SAFRY stock opened at $82.06 on Tuesday. The company has a current ratio of 0.84, a quick ratio of 0.59 and a debt-to-equity ratio of 0.38. The business's fifty day simple moving average is $82.54 and its two-hundred day simple moving average is $73.57. Safran has a twelve month low of $53.27 and a twelve month high of $85.77.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.