Air France-KLM SA (OTCMKTS:AFLYY – Get Rating) was the recipient of a large decline in short interest in December. As of December 30th, there was short interest totalling 22,300 shares, a decline of 84.1% from the December 15th total of 140,200 shares. Based on an average daily trading volume, of 56,800 shares, the days-to-cover ratio is currently 0.4 days.
Wall Street Analysts Forecast Growth
Several equities research analysts have commented on AFLYY shares. BNP Paribas cut shares of Air France-KLM from a “neutral” rating to an “underperform” rating in a research report on Wednesday, November 2nd. Stifel Nicolaus raised shares of Air France-KLM from a “sell” rating to a “hold” rating in a research report on Monday, December 12th. Kepler Capital Markets raised shares of Air France-KLM from a “hold” rating to a “buy” rating and set a €1.90 ($2.07) price target on the stock in a research report on Wednesday, October 19th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Air France-KLM from €1.65 ($1.79) to €1.45 ($1.58) in a report on Tuesday, December 13th. Finally, Exane BNP Paribas cut shares of Air France-KLM from a “neutral” rating to an “underperform” rating in a report on Wednesday, November 2nd. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $1.98.
Air France-KLM Stock Performance
Shares of AFLYY opened at $1.73 on Wednesday. Air France-KLM has a 52 week low of $1.15 and a 52 week high of $5.15. The firm has a market cap of $1.11 billion, a P/E ratio of -14.38 and a beta of 1.65. The firm’s 50-day simple moving average is $1.42 and its 200 day simple moving average is $1.42.
Air France-KLM Company Profile
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.
- Get a free copy of the StockNews.com research report on Air France-KLM (AFLYY)
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