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

Shares of Air France-KLM SA (OTCMKTS:AFLYY) have been given a consensus recommendation of “Hold” by the nine research firms that are currently covering the firm, MarketBeat reports. Six investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company.

Several research analysts recently weighed in on AFLYY shares. Citigroup restated a “neutral” rating on shares of Air France-KLM in a report on Monday, August 3rd. Morgan Stanley reiterated an “overweight” rating on shares of Air France-KLM in a research note on Wednesday, July 8th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Air France-KLM in a research report on Wednesday, August 5th. Kepler Capital Markets upgraded Air France-KLM from a “reduce” rating to a “hold” rating in a research note on Tuesday, August 25th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Air France-KLM in a report on Monday, June 22nd.

Air France-KLM Stock Performance

OTCMKTS AFLYY opened at $1.24 on Monday. The company has a current ratio of 0.67, a quick ratio of 0.61 and a debt-to-equity ratio of 4.83. The business has a fifty day simple moving average of $1.32 and a 200 day simple moving average of $1.27. Air France-KLM has a 12 month low of $0.99 and a 12 month high of $1.56. The firm has a market capitalization of $3.25 billion, a P/E ratio of 2.63 and a beta of 1.46.

Air France-KLM (OTCMKTS:AFLYY) last posted its quarterly earnings data on Thursday, July 30th. The transportation company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.02. Air France-KLM had a net margin of 3.35% and a return on equity of 44.05%. The firm had revenue of $10.67 billion for the quarter, compared to the consensus estimate of $10.51 billion. On average, analysts predict that Air France-KLM will post 0.44 EPS for the current fiscal year.

Air France-KLM Company Profile

Air France-KLM is a global airline group whose principal businesses include passenger air transportation, air cargo, aircraft maintenance, and related travel services. The group operates through well-known brands including Air France, KLM Royal Dutch Airlines, Transavia, and Air France Hop. Its services include scheduled international and domestic flights, leisure and low-cost air travel, freight transportation, aircraft engineering and maintenance, and the Flying Blue customer loyalty program.

The group was formed in 2004 through the combination of Air France and KLM.