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

Shares of Air France-KLM SA (OTCMKTS:AFLYY) have been assigned an average recommendation of “Hold” from the eight ratings firms that are presently covering the firm, MarketBeat.com reports. Six investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company.

A number of research analysts have recently weighed in on AFLYY shares. Oddo Bhf upgraded Air France-KLM from a “neutral” rating to an “outperform” rating in a research report on Friday, February 6th. Zacks Research lowered Air France-KLM from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Barclays upgraded Air France-KLM from an “underweight” rating to an “equal weight” rating in a research report on Monday, March 9th. Citigroup reaffirmed a “neutral” rating on shares of Air France-KLM in a report on Friday, February 20th. Finally, Royal Bank Of Canada initiated coverage on shares of Air France-KLM in a research report on Tuesday, January 20th. They issued a “hold” rating on the stock.

Air France-KLM Trading Up 0.9%

Shares of Air France-KLM stock opened at $1.09 on Friday. The firm has a market cap of $2.86 billion, a price-to-earnings ratio of 1.68, a PEG ratio of 0.19 and a beta of 1.31. The business has a 50-day moving average price of $1.15 and a 200-day moving average price of $1.22. The company has a quick ratio of 0.56, a current ratio of 0.62 and a debt-to-equity ratio of 5.39. Air France-KLM has a twelve month low of $0.86 and a twelve month high of $1.76.

Air France-KLM (OTCMKTS:AFLYY) last issued its quarterly earnings data on Thursday, April 30th. The transportation company reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.08). The firm had revenue of $8.77 billion for the quarter, compared to analysts’ expectations of $8.77 billion. Air France-KLM had a net margin of 4.77% and a return on equity of 82.05%. Equities research analysts anticipate that Air France-KLM will post 0.4 EPS for the current fiscal 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.