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

Shares of Air France-KLM SA (OTCMKTS:AFLYY) have received an average recommendation of “Hold” from the eight research firms that are presently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a strong buy rating to the company.

Several brokerages have recently issued reports on AFLYY. Barclays lowered Air France-KLM from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 15th. UBS Group lowered shares of Air France-KLM from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 25th. Morgan Stanley reissued an “underweight” rating on shares of Air France-KLM in a research report on Friday, March 7th. Redburn Atlantic upgraded Air France-KLM from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 25th. Finally, Citigroup downgraded 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

Air France-KLM stock opened at $0.80 on Monday. The stock has a market cap of $2.10 billion, a PE ratio of 2.05 and a beta of 1.50. Air France-KLM has a fifty-two week low of $0.70 and a fifty-two week high of $1.25. The firm’s 50-day simple moving average is $0.91 and its 200 day simple moving average is $0.87.

Air France-KLM (OTCMKTS:AFLYY) last announced its earnings results on Thursday, March 6th. The transportation company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.05). The business had revenue of $8.40 billion during the quarter, compared to analysts’ expectations of $7.71 billion. Air France-KLM had a negative return on equity of 53.38% and a net margin of 2.47%. As a group, analysts predict that Air France-KLM will post 0.21 EPS for the current fiscal 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.