Air France-KLM SA (OTCMKTS:AFLYY) Given Average Rating of “Hold” by Brokerages

Shares of Air France-KLM SA (OTCMKTS:AFLYY) have been given an average rating of “Hold” by the eight research firms that are currently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a strong buy rating to the company.

Several research analysts have recently commented on AFLYY shares. Redburn Atlantic upgraded Air France-KLM from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 25th. Morgan Stanley reiterated an “underweight” rating on shares of Air France-KLM in a report on Friday, March 7th. Finally, UBS Group lowered Air France-KLM from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 25th.

Air France-KLM Stock Down 3.9%

AFLYY opened at $0.99 on Tuesday. Air France-KLM has a 52 week low of $0.70 and a 52 week high of $1.25. The business has a fifty day simple moving average of $0.93 and a 200-day simple moving average of $0.88. The firm has a market cap of $2.60 billion, a P/E ratio of 2.54 and a beta of 1.86.

Air France-KLM (OTCMKTS:AFLYY) last released its quarterly earnings results on Wednesday, April 30th. The transportation company reported ($0.12) EPS for the quarter, topping the consensus estimate of ($0.17) by $0.05. Air France-KLM had a negative return on equity of 53.38% and a net margin of 2.47%. The business had revenue of $7.54 billion during the quarter, compared to analyst estimates of $7.39 billion. Sell-side analysts expect that Air France-KLM will post 0.21 earnings per share for the current year.

Air France-KLM Company Profile

Air France-KLM SA, together with its subsidiaries, provides passenger and cargo transportation services and aeronautical maintenance in Metropolitan France, Benelux, rest of Europe, and internationally. The company operates through three segments: Airframe maintenance, Engine Maintenance, and Component Support.