Air France-KLM (OTCMKTS:AFLYY) Upgraded at Redburn Atlantic

Redburn Atlantic upgraded shares of Air France-KLM (OTCMKTS:AFLYY) from a hold rating to a strong-buy rating in a report released on Tuesday morning,Zacks.com reports.

Several other analysts have also recently weighed in on the company. Barclays cut Air France-KLM from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 15th. Morgan Stanley restated an “underweight” rating on shares of Air France-KLM in a research report on Friday, March 7th. Finally, Citigroup downgraded Air France-KLM from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 8th. 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. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

Air France-KLM Stock Down 0.6 %

Shares of Air France-KLM stock opened at $0.98 on Tuesday. The business has a 50 day moving average of $0.90 and a 200 day moving average of $0.88. Air France-KLM has a 52 week low of $0.70 and a 52 week high of $1.25. The company has a market cap of $2.56 billion, a PE ratio of 2.50 and a beta of 1.58.

Air France-KLM (OTCMKTS:AFLYY) last issued its quarterly earnings data on Thursday, March 6th. The transportation company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.05). The company had revenue of $8.40 billion during the quarter, compared to the consensus estimate 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, research analysts anticipate that Air France-KLM will post 0.21 earnings per share for the current 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.