Air France-KLM SA (OTCMKTS:AFLYY) Receives Average Recommendation of “Hold” from Analysts

Air France-KLM SA (OTCMKTS:AFLYY) has been given a consensus rating of “Hold” by the nine brokerages that are covering the company, Marketbeat.com reports. Six analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.

Several equities research analysts recently weighed in on the stock. Morgan Stanley reaffirmed an “overweight” rating on shares of Air France-KLM in a research report on Wednesday, July 8th. Citigroup restated a “neutral” rating on shares of Air France-KLM in a research report on Monday, August 3rd. Kepler Capital Markets raised shares of Air France-KLM from a “reduce” rating to a “hold” rating in a report on Tuesday, August 25th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Air France-KLM in a report on Monday, June 22nd. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Air France-KLM in a research note on Wednesday, August 5th.

Air France-KLM Price Performance

Shares of Air France-KLM stock opened at $1.30 on Thursday. The company has a quick ratio of 0.61, a current ratio of 0.67 and a debt-to-equity ratio of 4.83. Air France-KLM has a twelve month low of $0.99 and a twelve month high of $1.59. The company has a 50-day simple moving average of $1.37 and a two-hundred day simple moving average of $1.27. The stock has a market capitalization of $3.42 billion, a price-to-earnings ratio of 2.77 and a beta of 1.39.

Air France-KLM (OTCMKTS:AFLYY) last issued its quarterly earnings results on Thursday, July 30th. The transportation company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.02. The business had revenue of $10.67 billion for the quarter, compared to the consensus estimate of $10.51 billion. Air France-KLM had a return on equity of 44.05% and a net margin of 3.35%. Analysts forecast that Air France-KLM will post 0.44 EPS for the current year.

Air France-KLM Company Profile

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.