Safran SA (OTCMKTS:SAFRY) Receives Average Recommendation of "Moderate Buy" from Brokerages

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

A number of brokerages have recently weighed in on SAFRY. Kepler Capital Markets upgraded Safran from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 28th. Citigroup downgraded Safran from a "strong-buy" rating to a "hold" rating in a report on Tuesday, June 10th. Barclays restated an "overweight" rating on shares of Safran in a report on Wednesday, June 25th. Finally, Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Safran in a research report on Thursday, May 22nd.

Safran Stock Down 1.8%

OTCMKTS:SAFRY traded down $1.53 during trading hours on Monday, reaching $82.13. 185,664 shares of the company were exchanged, compared to its average volume of 294,599. The company has a current ratio of 0.84, a quick ratio of 0.59 and a debt-to-equity ratio of 0.38. Safran has a 1-year low of $51.02 and a 1-year high of $83.71. The business has a 50 day moving average of $77.02 and a 200 day moving average of $68.31.

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. The ex-dividend date of this dividend was Wednesday, May 28th. This represents a yield of 0.82%. This is an increase from Safran's previous dividend of $0.59.

Safran Company Profile

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.