Safran SA (OTCMKTS:SAFRY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Safran SA (OTCMKTS:SAFRY – Get Rating) has been given a consensus rating of “Moderate Buy” by the nine analysts that are covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $140.25.

Separately, Sanford C. Bernstein raised Safran from a “market perform” rating to an “outperform” rating in a report on Friday, January 6th.

Safran Trading Up 3.7 %

Safran stock opened at $35.71 on Wednesday. The business has a 50 day moving average price of $35.05 and a two-hundred day moving average price of $30.17. The company has a quick ratio of 0.64, a current ratio of 0.87 and a debt-to-equity ratio of 0.57. Safran has a 12 month low of $21.63 and a 12 month high of $36.70.

About Safran

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Safran SA engages in the design, manufacture, and sale of aircraft, defense, and communication equipment and technologies. It operates through the following segments: Aerospace Propulsion, Aircraft Equipment, Defense, and Aerosystems, 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, and drones.