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

Shares of Air France-KLM SA (OTCMKTS:AFLYY – Get Rating) have been given a consensus recommendation of “Hold” by the nine ratings firms that are covering the company, Marketbeat reports. Four analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $4.25.

A number of brokerages have issued reports on AFLYY. Zacks Investment Research upgraded Air France-KLM from a “sell” rating to a “hold” rating in a research report on Thursday. Barclays reduced their target price on Air France-KLM from €4.60 ($4.95) to €4.00 ($4.30) and set an “equal weight” rating for the company in a report on Friday. Finally, Citigroup raised Air France-KLM from a “sell” rating to a “neutral” rating in a report on Monday, January 3rd.

AFLYY stock traded down $0.04 during mid-day trading on Monday, reaching $4.40. 1,700 shares of the company’s stock were exchanged, compared to its average volume of 36,192. The stock’s 50 day moving average is $4.39 and its 200 day moving average is $4.55. Air France-KLM has a 12-month low of $3.42 and a 12-month high of $6.07.

Air France-KLM (OTCMKTS:AFLYY – Get Rating) last issued its quarterly earnings results on Thursday, February 17th. The transportation company reported ($0.11) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.84) by $0.73. The business had revenue of $5.53 billion for the quarter. On average, research analysts predict that Air France-KLM will post -1.94 earnings per share for the current fiscal year.

About Air France-KLM (Get Rating)

Air France-KLM SA, together with its subsidiaries, provides passenger transportation services on scheduled flights. The company operates through Network, Maintenance, Transavia, and Other segments. It also offers cargo transportation and aeronautics maintenance, and other air-transport-related services.

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