Safran SA (OTCMKTS:SAFRY) Given Average Recommendation of “Hold” by Analysts

Shares of Safran SA (OTCMKTS:SAFRY) have earned a consensus recommendation of “Hold” from the ten brokerages that are presently covering the stock, MarketBeat Ratings reports. Six analysts have rated the stock with a hold rating and four have assigned a buy rating to the company.

Several analysts recently weighed in on SAFRY shares. JPMorgan Chase & Co. upgraded Safran from a “neutral” rating to an “overweight” rating in a report on Thursday, March 4th. Oddo Bhf upgraded Safran from a “neutral” rating to an “outperform” rating in a research note on Thursday, April 15th. Societe Generale upgraded Safran from a “sell” rating to a “hold” rating in a research note on Thursday, April 29th. Barclays reiterated an “equal weight” rating on shares of Safran in a research note on Tuesday, March 9th. Finally, Deutsche Bank Aktiengesellschaft began coverage on Safran in a research note on Wednesday, February 10th. They issued a “hold” rating on the stock.

OTCMKTS:SAFRY traded down $0.52 during midday trading on Thursday, hitting $37.55. 64,414 shares of the company traded hands, compared to its average volume of 96,655. The firm has a fifty day moving average price of $36.77. Safran has a 12-month low of $23.84 and a 12-month high of $38.35. The stock has a market cap of $64.17 billion, a price-to-earnings ratio of 68.27 and a beta of 1.51. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.96 and a quick ratio of 0.68.

The business also recently disclosed a dividend, which will be paid on Wednesday, June 23rd. Investors of record on Monday, May 31st will be given a dividend of $0.1301 per share. This represents a yield of 0.35%. The ex-dividend date is Friday, May 28th. Safran’s payout ratio is currently 16.36%.

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, 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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Analyst Recommendations for Safran (OTCMKTS:SAFRY)

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