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

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

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

Air France-KLM Trading Down 6.1 %

Shares of AFLYY opened at $0.88 on Thursday. The company’s 50 day simple moving average is $0.91 and its 200-day simple moving average is $0.88. The firm has a market cap of $2.32 billion, a PE ratio of 2.26 and a beta of 1.58. Air France-KLM has a 12-month low of $0.70 and a 12-month high of $1.25.

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