Air France-KLM (OTCMKTS:AFLYY) Downgraded by UBS Group to “Hold”

Air France-KLM (OTCMKTS:AFLYY) was downgraded by UBS Group from a “strong-buy” rating to a “hold” rating in a report released on Tuesday,Zacks.com reports.

AFLYY has been the subject of several other research reports. Barclays downgraded shares of Air France-KLM from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 15th. Citigroup cut Air France-KLM from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 8th. Redburn Atlantic raised Air France-KLM from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of Air France-KLM in a research report on Friday, March 7th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Air France-KLM Trading Down 0.6 %

AFLYY stock opened at $0.98 on Tuesday. Air France-KLM has a 1-year low of $0.70 and a 1-year high of $1.25. The firm has a market cap of $2.56 billion, a PE ratio of 2.50 and a beta of 1.58. The business’s 50-day moving average price is $0.90 and its two-hundred day moving average price is $0.88.

Air France-KLM (OTCMKTS:AFLYY) last released its quarterly earnings data on Thursday, March 6th. The transportation company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.05). Air France-KLM had a net margin of 2.47% and a negative return on equity of 53.38%. The business had revenue of $8.40 billion for the quarter, compared to the consensus estimate of $7.71 billion. On average, analysts forecast 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.