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

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

Several brokerages recently issued reports on AFLYY. UBS Group downgraded shares of Air France-KLM from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 25th. Barclays cut Air France-KLM from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 15th. Redburn Atlantic upgraded Air France-KLM from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 25th. Citigroup cut Air France-KLM from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 8th. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of Air France-KLM in a research note on Friday, March 7th.

Air France-KLM Price Performance

Shares of AFLYY opened at $0.86 on Thursday. Air France-KLM has a 1-year low of $0.70 and a 1-year high of $1.25. The stock has a market cap of $2.27 billion, a price-to-earnings ratio of 2.22 and a beta of 1.58. The firm has a 50 day simple moving average of $0.91 and a 200-day simple moving average of $0.88.

Air France-KLM (OTCMKTS:AFLYY) last released its quarterly earnings results on Thursday, March 6th. The transportation company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.05). The company had revenue of $8.40 billion during the quarter, compared to analyst estimates of $7.71 billion. Air France-KLM had a negative return on equity of 53.38% and a net margin of 2.47%. On average, equities analysts expect that Air France-KLM will post 0.21 earnings per share for the current fiscal year.

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.