Air France-KLM (OTCMKTS:AFLYY) PT Raised to €4.40

Air France-KLM (OTCMKTS:AFLYY – Get Rating) had its price target raised by research analysts at Citigroup from €4.20 ($4.42) to €4.40 ($4.63) in a report issued on Tuesday, April 26th, The Fly reports.

Other analysts have also recently issued reports about the stock. Zacks Investment Research upgraded shares of Air France-KLM from a “sell” rating to a “hold” rating in a research report on Thursday, April 21st. Barclays cut their price target on shares of Air France-KLM from €4.60 ($4.84) to €4.00 ($4.21) and set an “equal weight” rating on the stock in a report on Friday, April 22nd. Four investment analysts have rated the stock with a sell rating and five have issued a hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $4.35.

Shares of OTCMKTS AFLYY traded up $0.06 during mid-day trading on Tuesday, hitting $4.18. 22,216 shares of the company’s stock traded hands, compared to its average volume of 23,047. The company’s 50-day moving average is $4.31 and its two-hundred day moving average is $4.52. Air France-KLM has a 1 year low of $3.42 and a 1 year high of $6.07.

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

Air France-KLM Company Profile (Get Rating)

Air France-KLM SA, together with its subsidiaries, provides passenger and cargo transportation services on scheduled flights in Metropolitan France, Benelux, rest of Europe, and internationally. The company operates through Network, Maintenance, Transavia, and Other segments. It also offers airframe and engine maintenance services; component support services comprising electronic, mechanical, pneumatic, hydraulic, etc.; and other services, as well as operates point-to-point flights to/from the Netherlands and France.

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