Air France-KLM SA (OTCMKTS:AFLYY) Stock Now Rated “Hold” by Wall Street Analysts

Shares of Air France-KLM SA (OTCMKTS:AFLYY) have been assigned an average recommendation of “Hold” from the nine brokerages that are presently covering the company, Marketbeat.com reports. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.

Several research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Air France-KLM in a research note on Monday, June 22nd. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Air France-KLM in a report on Wednesday, August 5th. Kepler Capital Markets raised shares of Air France-KLM from a “reduce” rating to a “hold” rating in a research note on Tuesday, August 25th. Morgan Stanley restated an “overweight” rating on shares of Air France-KLM in a research report on Wednesday, July 8th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Air France-KLM in a report on Monday, August 3rd.

Air France-KLM Price Performance

Shares of OTCMKTS:AFLYY opened at $1.26 on Monday. Air France-KLM has a one year low of $0.99 and a one year high of $1.56. The stock has a market capitalization of $3.31 billion, a price-to-earnings ratio of 2.68 and a beta of 1.39. The company has a 50-day simple moving average of $1.32 and a 200-day simple moving average of $1.27. The company has a debt-to-equity ratio of 4.83, a quick ratio of 0.61 and a current ratio of 0.67.

Air France-KLM (OTCMKTS:AFLYY) last released its quarterly earnings results on Thursday, July 30th. The transportation company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.02. The firm had revenue of $10.67 billion for the quarter, compared to analyst estimates of $10.51 billion. Air France-KLM had a return on equity of 44.05% and a net margin of 3.35%. On average, analysts predict that Air France-KLM will post 0.44 EPS for the current year.

About Air France-KLM

Air France-KLM is a global airline group whose principal businesses include passenger air transportation, air cargo, aircraft maintenance, and related travel services. The group operates through well-known brands including Air France, KLM Royal Dutch Airlines, Transavia, and Air France Hop. Its services include scheduled international and domestic flights, leisure and low-cost air travel, freight transportation, aircraft engineering and maintenance, and the Flying Blue customer loyalty program.

The group was formed in 2004 through the combination of Air France and KLM.