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

Air France-KLM SA (OTCMKTS:AFLYY) has received an average rating of “Reduce” from the six research firms that are currently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation and four have issued a hold recommendation on the company.

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

Air France-KLM Trading Down 0.4 %

Air France-KLM stock opened at $0.80 on Wednesday. The firm has a market capitalization of $2.10 billion, a P/E ratio of 2.05 and a beta of 1.62. The business has a 50-day moving average of $0.79 and a 200-day moving average of $0.85. Air France-KLM has a 1 year low of $0.70 and a 1 year high of $1.35.

Air France-KLM (OTCMKTS:AFLYY) last released its quarterly earnings data on Thursday, November 7th. The transportation company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.08). Air France-KLM had a negative return on equity of 53.38% and a net margin of 2.47%. The firm had revenue of $9.87 billion for the quarter. Research analysts anticipate that Air France-KLM will post 0.21 EPS for the current fiscal year.

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.