Safran SA (OTCMKTS:SAFRY) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Safran SA has received a consensus rating of "Moderate Buy" from five brokerages, with two analysts recommending a hold, two a buy, and one a strong buy.
• The company recently increased its dividend to $0.6108 per share, up from $0.59, representing a yield of 82.0%.
• As of the latest trading session, Safran's stock price was $85.43, with a 52-week high of $85.77 and a low of $52.93.

Shares of Safran SA (OTCMKTS:SAFRY - Get Free Report) have been assigned an average rating of "Moderate Buy" from the five analysts that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company.

A number of research analysts have issued reports on SAFRY shares. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Safran in a report on Thursday, May 22nd. Citigroup cut shares of Safran from a "strong-buy" rating to a "hold" rating in a report on Tuesday, June 10th. Kepler Capital Markets raised shares of Safran from a "hold" rating to a "strong-buy" rating in a report on Monday, April 28th. Finally, Barclays reissued an "overweight" rating on shares of Safran in a report on Wednesday, June 25th.

Safran Stock Performance

Shares of Safran stock traded down $0.19 during trading hours on Friday, reaching $85.43. The company's stock had a trading volume of 236,213 shares, compared to its average volume of 236,580. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.59 and a current ratio of 0.84. The firm has a 50 day moving average price of $80.16 and a 200-day moving average price of $71.28. Safran has a one year low of $52.93 and a one year high of $85.77.

Safran Increases Dividend

The business also recently declared a dividend, which was paid on Monday, June 23rd. Stockholders of record on Thursday, May 29th were paid a $0.6108 dividend. This is a positive change from Safran's previous dividend of $0.59. The ex-dividend date of this dividend was Wednesday, May 28th. This represents a dividend yield of 82.0%.

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.