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

Air France-KLM SA (OTCMKTS:AFLYY) has been assigned an average rating of “Hold” from the eight research firms that are covering the stock, Marketbeat reports. Five investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.

AFLYY has been the topic of several analyst reports. Barclays upgraded shares of Air France-KLM from an “underweight” rating to an “equal weight” rating in a research note on Monday, March 9th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Air France-KLM in a research note on Monday. Zacks Research downgraded shares of Air France-KLM from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Finally, Morgan Stanley upgraded shares of Air France-KLM from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, May 26th.

Air France-KLM Trading Up 10.1%

Shares of OTCMKTS AFLYY opened at $1.50 on Friday. Air France-KLM has a 1 year low of $0.99 and a 1 year high of $1.76. The stock has a market cap of $3.94 billion, a P/E ratio of 2.31, a price-to-earnings-growth ratio of 0.27 and a beta of 1.40. The firm has a 50-day moving average of $1.22 and a 200 day moving average of $1.23. The company has a debt-to-equity ratio of 5.39, a current ratio of 0.62 and a quick ratio of 0.56.

Air France-KLM (OTCMKTS:AFLYY) last issued its quarterly earnings results on Thursday, April 30th. The transportation company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.08). The business had revenue of $8.77 billion for the quarter, compared to analysts’ expectations of $8.77 billion. Air France-KLM had a net margin of 4.77% and a return on equity of 82.05%. As a group, sell-side analysts expect that Air France-KLM will post 0.37 EPS for the current fiscal year.

About Air France-KLM

Air France-KLM is a leading European airline group formed in 2004 through the merger of France’s flagship carrier Air France and the Netherlands’ national airline KLM Royal Dutch Airlines. Headquartered in Paris and Amstelveen, the group provides passenger, cargo and maintenance services across a global network, connecting major hubs in Europe, North America, Asia, Africa and Latin America.

The company’s primary business activities include scheduled passenger transport on short, medium and long-haul routes; air freight operations under Air France-KLM Cargo; and technical support and maintenance services through AFI KLM E&M.