SAFRAN/ADR (OTCMKTS:SAFRY) Receives Average Rating of “Hold” from Analysts

SAFRAN/ADR (OTCMKTS:SAFRY) has received an average rating of “Hold” from the six brokerages that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company.

Several brokerages have recently commented on SAFRY. Zacks Investment Research lowered shares of SAFRAN/ADR from a “buy” rating to a “hold” rating in a report on Thursday, October 17th. Credit Suisse Group upgraded shares of SAFRAN/ADR from a “neutral” rating to an “outperform” rating in a report on Wednesday. JPMorgan Chase & Co. upgraded shares of SAFRAN/ADR from a “neutral” rating to an “overweight” rating in a report on Thursday, September 5th. ValuEngine lowered shares of SAFRAN/ADR from a “hold” rating to a “sell” rating in a report on Wednesday, October 2nd. Finally, Nord/LB upgraded shares of SAFRAN/ADR from a “hold” rating to a “buy” rating in a report on Wednesday.

Shares of SAFRY stock opened at $40.10 on Wednesday. The firm’s 50 day moving average price is $39.03 and its 200-day moving average price is $36.64. SAFRAN/ADR has a one year low of $28.47 and a one year high of $40.61. The firm has a market cap of $68.76 billion, a P/E ratio of 29.93 and a beta of 0.88.

SAFRAN/ADR 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, and Defense. The Aerospace Propulsion segment designs, develops, produces, and markets propulsion systems for commercial aircraft, military transport, training and combat aircraft, rocket engines, civil and military helicopters, and tactical missiles and drones.

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