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

Shares of Air France-KLM SA (OTCMKTS:AFLYY) have been given a consensus rating of “Reduce” by the six ratings firms that are covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation and four have assigned a hold recommendation to the company.

Several research firms have recently issued reports on AFLYY. Morgan Stanley cut shares of Air France-KLM from an “equal weight” rating to an “underweight” rating in a report on Tuesday, November 5th. Barclays lowered Air France-KLM from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 15th. Finally, Citigroup cut Air France-KLM from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 8th.

Air France-KLM Stock Performance

OTCMKTS:AFLYY opened at $0.82 on Wednesday. Air France-KLM has a 1 year low of $0.70 and a 1 year high of $1.32. The business has a fifty day moving average of $0.79 and a 200-day moving average of $0.85. The stock has a market cap of $2.16 billion, a price-to-earnings ratio of 2.11 and a beta of 1.61.

Air France-KLM (OTCMKTS:AFLYY) last announced its earnings results on Thursday, November 7th. The transportation company reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.08). Air France-KLM had a net margin of 2.47% and a negative return on equity of 53.38%. The company had revenue of $9.87 billion during the quarter. On average, equities research analysts predict 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.