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

Key Points

• Safran SA has received a consensus rating of "Moderate Buy" from analysts, with three hold, three buy, and two strong buy recommendations.
• Recent changes in ratings include Citigroup lowering its recommendation from "strong-buy" to "hold," while Sanford C. Bernstein upgraded it from "hold" to "strong-buy."
• As of the latest figures, Safran stock is trading at $88.89, reflecting a slight decrease of 0.2%, with a 52-week range between $53.38 and $89.84.

Safran SA (OTCMKTS:SAFRY - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the eight ratings firms that are currently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and two have assigned a strong buy recommendation to the company.

A number of research analysts have weighed in on the stock. Citigroup cut shares of Safran from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, June 10th. Sanford C. Bernstein upgraded shares of Safran from a "hold" rating to a "strong-buy" rating in a research note on Thursday, August 21st. Barclays reiterated an "overweight" rating on shares of Safran in a research note on Wednesday, June 25th. The Goldman Sachs Group assumed coverage on shares of Safran in a research note on Friday, September 19th. They issued a "buy" rating on the stock. Finally, Zacks Research cut shares of Safran from a "strong-buy" rating to a "hold" rating in a research note on Tuesday.

Safran Stock Down 0.2%

Safran stock opened at $88.89 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.66 and a current ratio of 0.93. Safran has a fifty-two week low of $53.38 and a fifty-two week high of $89.84. The firm's 50-day simple moving average is $84.18 and its 200 day simple moving average is $75.87.

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.

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