Investment analysts at Morgan Stanley began coverage on shares of Air France-KLM (OTCMKTS:AFLYY – Get Free Report) in a research note issued to investors on Wednesday, MarketBeat reports. The firm set an “equal weight” rating on the transportation company’s stock.
AFLYY has been the subject of a number of other reports. Barclays raised Air France-KLM from an “underweight” rating to an “equal weight” rating in a report on Monday, August 4th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Air France-KLM in a report on Friday, July 4th. One investment analyst has rated the stock with a Strong Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold”.
View Our Latest Research Report on AFLYY
Air France-KLM Stock Performance
Air France-KLM (OTCMKTS:AFLYY – Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The transportation company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.07. Air France-KLM had a return on equity of 137.95% and a net margin of 3.30%.The company had revenue of $9.66 billion during the quarter, compared to analysts’ expectations of $8.44 billion. As a group, analysts predict that Air France-KLM will post 0.21 earnings per share for the current fiscal year.
Air France-KLM Company Profile
Air France-KLM SA, together with its subsidiaries, provides passenger and cargo transportation services and aeronautical maintenance in Metropolitan France, Benelux, rest of Europe, and internationally. The company operates through three segments: Airframe maintenance, Engine Maintenance, and Component Support.
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