Investment analysts at Barclays began coverage on shares of SAFRAN/ADR (OTCMKTS:SAFRY) in a research note issued to investors on Friday, The Fly reports. The brokerage set an “overweight” rating on the stock.
Other equities research analysts also recently issued research reports about the company. Nord/LB upgraded SAFRAN/ADR from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th. Zacks Investment Research lowered SAFRAN/ADR from a “buy” rating to a “hold” rating in a report on Thursday, October 17th. JPMorgan Chase & Co. upgraded SAFRAN/ADR from a “neutral” rating to an “overweight” rating in a research report on Thursday, September 5th. Credit Suisse Group upgraded SAFRAN/ADR from a “neutral” rating to an “outperform” rating in a research note on Wednesday, November 6th. Finally, ValuEngine cut SAFRAN/ADR from a “hold” rating to a “sell” rating in a report on Wednesday, October 2nd. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company’s stock. SAFRAN/ADR has a consensus rating of “Hold”.
SAFRAN/ADR stock opened at $41.00 on Friday. SAFRAN/ADR has a 1-year low of $28.47 and a 1-year high of $41.43. The firm has a market capitalization of $71.47 billion, a price-to-earnings ratio of 30.60 and a beta of 0.88. The firm has a 50 day simple moving average of $40.12 and a 200 day simple moving average of $37.41.
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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