Air France-KLM (OTCMKTS:AFLYY) Rating Increased to Equal Weight at Barclays

Air France-KLM (OTCMKTS:AFLYY) was upgraded by investment analysts at Barclays from an “underweight” rating to an “equal weight” rating in a note issued to investors on Monday.

A number of other brokerages also recently issued reports on AFLYY. Oddo Bhf raised Air France-KLM from a “neutral” rating to an “outperform” rating in a research report on Friday, February 6th. Zacks Research raised Air France-KLM from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 19th. Citigroup reiterated a “neutral” rating on shares of Air France-KLM in a research report on Friday, February 20th. JPMorgan Chase & Co. raised Air France-KLM from a “neutral” rating to an “overweight” rating in a report on Monday, December 1st. Finally, Royal Bank Of Canada began coverage on Air France-KLM in a research report on Tuesday, January 20th. They issued a “hold” rating on the stock. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Air France-KLM Price Performance

Shares of Air France-KLM stock opened at $1.16 on Monday. The company has a quick ratio of 0.60, a current ratio of 0.65 and a debt-to-equity ratio of 5.64. The stock has a market capitalization of $3.05 billion, a price-to-earnings ratio of 1.76, a price-to-earnings-growth ratio of 0.07 and a beta of 1.23. Air France-KLM has a twelve month low of $0.75 and a twelve month high of $1.76. The company has a 50-day simple moving average of $1.31 and a two-hundred day simple moving average of $1.33.

Air France-KLM (OTCMKTS:AFLYY) last announced its earnings results on Thursday, February 19th. The transportation company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.19. Air France-KLM had a net margin of 5.00% and a return on equity of 118.01%. The firm had revenue of $9.53 billion for the quarter, compared to analyst estimates of $9.43 billion. Analysts forecast that Air France-KLM will post 0.21 EPS for the current 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.