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

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

A number of equities research analysts have recently issued reports on AFLYY shares. Redburn Atlantic raised shares of Air France-KLM from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 25th. Barclays lowered shares of Air France-KLM from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 15th. Morgan Stanley reissued an “underweight” rating on shares of Air France-KLM in a report on Friday, March 7th. UBS Group cut shares of Air France-KLM from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 25th. Finally, Citigroup lowered 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 3.6 %

Air France-KLM stock opened at $0.94 on Thursday. The firm has a 50 day simple moving average of $0.90 and a 200 day simple moving average of $0.88. Air France-KLM has a 1-year low of $0.70 and a 1-year high of $1.25. The firm has a market capitalization of $2.47 billion, a price-to-earnings ratio of 2.41 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 the consensus estimate of $0.02 by ($0.05). The company had revenue of $8.40 billion during the quarter, compared to analysts’ expectations of $7.71 billion. Air France-KLM had a net margin of 2.47% and a negative return on equity of 53.38%. On average, equities research analysts forecast that Air France-KLM will post 0.21 EPS 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.