Air France-KLM (OTCMKTS:AFLYY) Rating Increased to Equal Weight at Barclays

Barclays upgraded shares of Air France-KLM (OTCMKTS:AFLYY) from an underweight rating to an equal weight rating in a report released on Monday morning, MarketBeat Ratings reports.

A number of other analysts have also recently weighed in on the company. Zacks Research raised Air France-KLM from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 19th. Citigroup reaffirmed a “neutral” rating on shares of Air France-KLM in a research report on Friday, February 20th. JPMorgan Chase & Co. upgraded Air France-KLM from a “neutral” rating to an “overweight” rating in a research note on Monday, December 1st. Royal Bank Of Canada assumed coverage on Air France-KLM in a report on Tuesday, January 20th. They issued a “hold” rating for the company. Finally, Oddo Bhf upgraded Air France-KLM from a “neutral” rating to an “outperform” rating in a research note on Friday, February 6th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Air France-KLM Trading Down 3.4%

OTCMKTS:AFLYY opened at $1.12 on Monday. Air France-KLM has a 52 week low of $0.75 and a 52 week high of $1.76. The firm has a 50 day moving average of $1.30 and a 200 day moving average of $1.33. The company has a quick ratio of 0.60, a current ratio of 0.65 and a debt-to-equity ratio of 5.64. The stock has a market capitalization of $2.94 billion, a price-to-earnings ratio of 1.70, a PEG ratio of 0.07 and a beta of 1.23.

Air France-KLM (OTCMKTS:AFLYY) last announced its earnings results on Thursday, February 19th. The transportation company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.19. The company had revenue of $9.53 billion during the quarter, compared to the consensus estimate of $9.43 billion. Air France-KLM had a net margin of 5.00% and a return on equity of 118.01%. As a group, sell-side analysts anticipate that Air France-KLM will post 0.21 earnings per share for the current fiscal 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.