Air France-KLM (OTCMKTS:AFLYY) Downgraded by Citigroup to Hold

Citigroup lowered shares of Air France-KLM (OTCMKTS:AFLYY) from a strong-buy rating to a hold rating in a research note issued to investors on Wednesday morning,Zacks.com reports.

Several other research firms have also issued reports on AFLYY. Barclays upgraded Air France-KLM to a “hold” rating in a research note on Monday, October 7th. BNP Paribas upgraded Air France-KLM from an “underperform” rating to a “neutral” rating in a research report on Thursday, September 19th. Finally, Morgan Stanley downgraded Air France-KLM from an “equal weight” rating to an “underweight” rating in a report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating and five have given a hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Air France-KLM Trading Down 5.4 %

AFLYY stock opened at $0.74 on Wednesday. Air France-KLM has a 1 year low of $0.73 and a 1 year high of $1.45. The stock has a 50-day moving average price of $0.83 and a two-hundred day moving average price of $0.87. The stock has a market cap of $1.94 billion, a PE ratio of 1.89 and a beta of 1.62.

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.