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

Shares of Safran SA (OTCMKTS:SAFRY - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the five analysts that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company.

A number of equities research analysts have commented on the company. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Safran in a report on Thursday, May 22nd. Citigroup downgraded Safran from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, June 10th. Kepler Capital Markets raised Safran from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 28th. Finally, Barclays reiterated an "overweight" rating on shares of Safran in a research report on Wednesday.

Safran Stock Up 1.9%

Shares of SAFRY stock traded up $1.50 on Thursday, hitting $80.05. 162,442 shares of the stock traded hands, compared to its average volume of 155,148. Safran has a 52 week low of $51.02 and a 52 week high of $80.13. The firm has a 50 day simple moving average of $71.87 and a two-hundred day simple moving average of $65.18.

Safran Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, June 23rd. Shareholders of record on Thursday, May 29th were paid a $0.6108 dividend. This is an increase from Safran's previous dividend of $0.59. The ex-dividend date of this dividend was Wednesday, May 28th. This represents a yield of 0.82%.

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.