According to Zacks, “AIR FRANCE-KLM is an airline company. The Company’s core business is passenger transport, cargo transport, and aircraft maintenance services. The Group is the world leader in terms of international passenger traffic; and its cargo activity (not including integrators) and is one of the world’s major maintenance service providers. The Group structure is simple: a holding company with two airline subsidiaries. Air France-KLM has established a set of clearly defined commitments to ensure that its strategy of profitable growth goes hand in hand with environmental quality and social progress. “
A number of other equities analysts also recently weighed in on the company. Bank of America Corp. reiterated a buy rating on shares of Air France KLM SA in a report on Friday, September 16th. Macquarie upgraded Air France KLM SA from an underperform rating to a neutral rating in a report on Friday, September 23rd. Deutsche Bank AG downgraded Air France KLM SA from a hold rating to a sell rating in a report on Wednesday, September 7th. Finally, Societe Generale downgraded Air France KLM SA from a hold rating to a sell rating in a report on Monday, July 25th. Three equities research analysts have rated the stock with a sell rating, one has issued a hold rating and one has issued a buy rating to the company’s stock. The company currently has an average rating of Hold and an average price target of $7.50.
Shares of Air France KLM SA (NASDAQ:AFLYY) opened at 5.31 on Tuesday. Air France KLM SA has a 12-month low of $5.24 and a 12-month high of $9.92. The company has a 50-day moving average of $5.49 and a 200-day moving average of $7.11. The stock has a market capitalization of $1.56 billion and a P/E ratio of 2.29.
Air France KLM SA Company Profile
Air France KLM-SA is an airline company. The Company is engaged in passenger transportation. Its activities also include cargo, aeronautics maintenance and other air-transport-related activities, including catering. The Company’s two sub-groups Air France and KLM have a flyer program, Flying Blue, which enables members to acquire miles as they fly with airline partners or from transactions with non-airline partners.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Air France KLM SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air France KLM SA and related companies with MarketBeat.com's FREE daily email newsletter.