Air France-KLM SA (OTCMKTS:AFLYY) Given Consensus Recommendation of “Moderate Buy” by Analysts

Air France-KLM SA (OTCMKTS:AFLYY) has been given a consensus rating of “Moderate Buy” by the ten ratings firms that are presently covering the company, MarketBeat.com reports. Six equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and two have given a strong buy rating to the company.

A number of research analysts have commented on AFLYY shares. Barclays upgraded shares of Air France-KLM from an “underweight” rating to an “equal weight” rating in a research note on Monday, March 9th. Royal Bank Of Canada assumed coverage on shares of Air France-KLM in a research note on Tuesday, January 20th. They set a “hold” rating for the company. Oddo Bhf raised Air France-KLM from a “neutral” rating to an “outperform” rating in a report on Friday, February 6th. Zacks Research upgraded Air France-KLM from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 19th. Finally, JPMorgan Chase & Co. raised Air France-KLM from a “neutral” rating to an “overweight” rating in a research note on Monday, December 1st.

Air France-KLM Stock Performance

Shares of AFLYY opened at $1.09 on Thursday. The company has a current ratio of 0.65, a quick ratio of 0.60 and a debt-to-equity ratio of 5.64. The firm has a market cap of $2.86 billion, a PE ratio of 1.65, a price-to-earnings-growth ratio of 0.07 and a beta of 1.23. The company’s 50 day simple moving average is $1.27 and its 200-day simple moving average is $1.31. Air France-KLM has a 12-month low of $0.75 and a 12-month high of $1.76.

Air France-KLM (OTCMKTS:AFLYY) last announced its earnings results on Thursday, February 19th. The transportation company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.19. The business had revenue of $9.53 billion for the quarter, compared to analysts’ expectations of $9.43 billion. Air France-KLM had a net margin of 5.00% and a return on equity of 118.01%. As a group, equities analysts predict 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.