Shares of Air France-KLM SA (OTCMKTS:AFLYY – Get Free Report) have been given a consensus rating of “Moderate Buy” by the eight ratings firms that are covering the stock, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company.
Several research firms recently issued reports on AFLYY. Royal Bank Of Canada initiated coverage on shares of Air France-KLM in a research report on Tuesday, January 20th. They issued a “hold” rating for the company. Oddo Bhf raised Air France-KLM from a “neutral” rating to an “outperform” rating in a report on Friday, February 6th. Barclays raised Air France-KLM from an “underweight” rating to an “equal weight” rating in a report on Monday, March 9th. Citigroup reissued a “neutral” rating on shares of Air France-KLM in a report on Friday, February 20th. Finally, Zacks Research raised Air France-KLM from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 19th.
Read Our Latest Analysis on Air France-KLM
Air France-KLM Stock Performance
Air France-KLM (OTCMKTS:AFLYY – Get Free Report) last released its quarterly earnings data on Thursday, February 19th. The transportation company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.19. Air France-KLM had a net margin of 5.00% and a return on equity of 100.70%. The company had revenue of $9.53 billion during the quarter, compared to the consensus estimate of $9.43 billion. On average, analysts expect that Air France-KLM will post 0.21 EPS for the current 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.
Further Reading
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