Air France-KLM SA (OTCMKTS:AFLYY) Receives Average Rating of “Reduce” from Brokerages

Shares of Air France-KLM SA (OTCMKTS:AFLYY) have received an average rating of “Reduce” from the five ratings firms that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating on the company.

AFLYY has been the subject of a number of analyst reports. Barclays raised Air France-KLM to a “hold” rating in a report on Monday, October 7th. Morgan Stanley downgraded Air France-KLM from an “equal weight” rating to an “underweight” rating in a report on Tuesday, November 5th. Citigroup downgraded Air France-KLM from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Finally, BNP Paribas raised Air France-KLM from an “underperform” rating to a “neutral” rating in a report on Thursday, September 19th.

Air France-KLM Stock Down 5.4 %

Air France-KLM stock opened at $0.74 on Friday. Air France-KLM has a 52 week low of $0.73 and a 52 week high of $1.45. The company has a market capitalization of $1.94 billion, a price-to-earnings ratio of 1.89 and a beta of 1.62. The stock has a 50-day moving average price of $0.83 and a 200 day moving average price of $0.87.

About Air France-KLM

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.