Air France-KLM SA (OTCMKTS:AFLYY) was upgraded by equities research analysts at HSBC Holdings plc from a “reduce” rating to a “hold” rating in a research report issued on Friday, StockTargetPrices.com reports.
Several other equities research analysts have also issued reports on the stock. Societe Generale raised shares of Air France-KLM SA from a “sell” rating to a “hold” rating in a research note on Wednesday, February 8th. Deutsche Bank AG reaffirmed a “sell” rating on shares of Air France-KLM SA in a research note on Monday, December 19th. Finally, Berenberg Bank assumed coverage on shares of Air France-KLM SA in a research note on Friday, November 11th. They issued a “hold” rating for the company. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a strong buy rating to the company. Air France-KLM SA currently has a consensus rating of “Hold” and an average price target of $10.00.
Shares of Air France-KLM SA (OTCMKTS:AFLYY) traded up 4.13% during trading on Friday, hitting $6.81. 270,135 shares of the stock traded hands. Air France-KLM SA has a one year low of $5.15 and a one year high of $9.92. The company has a market cap of $2.52 billion, a PE ratio of 3.42 and a beta of 0.47. The firm has a 50 day moving average price of $5.46 and a 200-day moving average price of $5.57.
“Air France-KLM SA (AFLYY) Upgraded by HSBC Holdings plc to Hold” was published by Ticker Report and is the property of of Ticker Report. If you are viewing this piece of content on another website, it was copied illegally and republished in violation of United States and international copyright laws. The legal version of this piece of content can be accessed at https://www.tickerreport.com/banking-finance/2401762/air-france-klm-sa-aflyy-upgraded-by-hsbc-holdings-plc-to-hold.html.
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.
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.