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

Shares of Air France-KLM SA (OTCMKTS:AFLYY) have been assigned a consensus rating of “Reduce” from the six ratings firms that are currently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating and four have issued a hold rating on the company.

Several equities analysts have recently weighed in on AFLYY shares. Barclays cut Air France-KLM from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 15th. Morgan Stanley lowered Air France-KLM from an “equal weight” rating to an “underweight” rating in a report on Tuesday, November 5th. Finally, Citigroup downgraded shares of Air France-KLM from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 8th.

Air France-KLM Trading Up 1.4 %

AFLYY opened at $0.83 on Wednesday. The company has a 50 day moving average of $0.79 and a 200 day moving average of $0.85. The company has a market cap of $2.18 billion, a PE ratio of 2.13 and a beta of 1.61. Air France-KLM has a 12 month low of $0.70 and a 12 month high of $1.31.

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.