Air France-KLM SA (OTCMKTS:AFLYY) Receives Consensus Rating of “Hold” from Brokerages

Air France-KLM SA (OTCMKTS:AFLYY) has received an average rating of “Hold” from the nine ratings firms that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company.

A number of research firms have recently issued reports on AFLYY. JPMorgan Chase & Co. upgraded Air France-KLM from a “neutral” rating to an “overweight” rating in a research report on Monday, December 1st. Citigroup restated a “neutral” rating on shares of Air France-KLM in a report on Thursday, December 11th. Royal Bank Of Canada assumed coverage on Air France-KLM in a research note on Tuesday, January 20th. They issued a “hold” rating for the company. Oddo Bhf raised shares of Air France-KLM from a “neutral” rating to an “outperform” rating in a research report on Friday, February 6th. Finally, Barclays lowered shares of Air France-KLM from an “equal weight” rating to an “underweight” rating in a report on Wednesday, January 14th.

Air France-KLM Price Performance

Shares of OTCMKTS AFLYY opened at $1.34 on Friday. The firm has a 50-day simple moving average of $1.28 and a 200-day simple moving average of $1.35. 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 $3.52 billion, a price-to-earnings ratio of 3.35, a price-to-earnings-growth ratio of 0.09 and a beta of 1.28. Air France-KLM has a 52 week low of $0.75 and a 52 week high of $1.76.

About Air France-KLM

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.