Air France-KLM (OTCMKTS:AFLYY) Lowered to “Reduce” Rating by Kepler Capital Markets

Air France-KLM (OTCMKTS:AFLYY) was downgraded by Kepler Capital Markets from a “hold” rating to a “reduce” rating in a research report issued on Friday.

Other analysts also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Air France-KLM in a research report on Monday, June 22nd. Morgan Stanley reissued an “overweight” rating on shares of Air France-KLM in a research note on Wednesday, July 8th. Finally, Zacks Research cut shares of Air France-KLM from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Three research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Air France-KLM currently has a consensus rating of “Hold”.

Air France-KLM Stock Performance

AFLYY stock opened at $1.45 on Friday. The firm has a market cap of $3.81 billion, a PE ratio of 2.23, a price-to-earnings-growth ratio of 0.24 and a beta of 1.39. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 4.26. The stock has a 50-day moving average price of $1.33 and a 200-day moving average price of $1.26. Air France-KLM has a 1-year low of $0.99 and a 1-year high of $1.76.

Air France-KLM (OTCMKTS:AFLYY) last announced its earnings results on Thursday, April 30th. The transportation company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.08). Air France-KLM had a net margin of 4.77% and a return on equity of 71.16%. The business had revenue of $8.77 billion for the quarter, compared to the consensus estimate of $8.77 billion. As a group, equities research analysts expect that Air France-KLM will post 0.41 earnings per share 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.