Air France-KLM (AFLYY) Raised to “Overweight” at Morgan Stanley
Morgan Stanley upgraded shares of Air France-KLM (OTCMKTS:AFLYY) from an equal weight rating to an overweight rating in a report published on Tuesday morning, The Fly reports.
Several other research firms have also weighed in on AFLYY. Macquarie began coverage on Air France-KLM in a research report on Tuesday, November 27th. They set a neutral rating on the stock. UBS Group reaffirmed a neutral rating on shares of Air France-KLM in a research report on Monday. Zacks Investment Research lowered Air France-KLM from a strong-buy rating to a hold rating in a report on Tuesday, January 1st. ValuEngine raised Air France-KLM from a sell rating to a hold rating in a report on Thursday, November 1st. Finally, Royal Bank of Canada reissued a buy rating on shares of Air France-KLM in a report on Wednesday, October 31st. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of Hold and an average price target of $12.00.
OTCMKTS:AFLYY opened at $12.42 on Tuesday. The company has a market cap of $5.12 billion, a price-to-earnings ratio of 5.35 and a beta of 0.66. Air France-KLM has a twelve month low of $7.78 and a twelve month high of $15.60. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 3.00.
About Air France-KLM
Air France-KLM SA, together with its subsidiaries, provides passenger transportation services on scheduled flights. The company operates through Network, Maintenance, Transavia, and Other segments. It also offers cargo transportation and aeronautics maintenance services; and other air-transport-related services.
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