Air France-KLM (OTCMKTS:AFLYY) Rating Lowered to Strong Sell at Barclays

Air France-KLM (OTCMKTS:AFLYY) was downgraded by stock analysts at Barclays from a “hold” rating to a “strong sell” rating in a research note issued on Wednesday,Zacks.com reports.

Several other brokerages have also recently weighed in on AFLYY. BNP Paribas upgraded shares of Air France-KLM from an “underperform” rating to a “neutral” rating in a research report on Thursday, September 19th. Morgan Stanley cut shares of Air France-KLM from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, November 5th. Finally, Citigroup lowered Air France-KLM from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Two research analysts have rated the stock with a sell rating and four have given a hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Air France-KLM Trading Down 1.2 %

Shares of Air France-KLM stock opened at $0.72 on Wednesday. Air France-KLM has a 12 month low of $0.70 and a 12 month high of $1.40. The stock has a 50 day moving average of $0.80 and a 200 day moving average of $0.86. The firm has a market cap of $1.88 billion, a PE ratio of 1.83 and a beta of 1.62.

Air France-KLM Company Profile

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.