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

Shares of Air France-KLM SA (OTCMKTS:AFLYY) have been assigned a consensus rating of “Hold” from the eight ratings firms that are presently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and one has given a strong buy recommendation to the company.

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

Air France-KLM Stock Performance

AFLYY opened at $0.88 on Thursday. Air France-KLM has a 1 year low of $0.70 and a 1 year high of $1.25. The company’s 50 day simple moving average is $0.91 and its 200 day simple moving average is $0.88. The stock has a market capitalization of $2.32 billion, a PE ratio of 2.26 and a beta of 1.58.

Air France-KLM (OTCMKTS:AFLYY) last announced 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 net margin of 2.47% and a negative return on equity of 53.38%. As a group, sell-side 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.