Air France-KLM SA (OTCMKTS:AFLYY) Stock Now Rated “Hold” by Sell-Side Brokerages

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

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

Air France-KLM Stock Performance

Shares of OTCMKTS AFLYY opened at $1.24 on Monday. The firm has a 50 day moving average of $1.32 and a 200 day moving average of $1.27. The firm has a market capitalization of $3.25 billion, a price-to-earnings ratio of 2.63 and a beta of 1.46. Air France-KLM has a 12-month low of $0.99 and a 12-month high of $1.56. The company has a current ratio of 0.67, a quick ratio of 0.61 and a debt-to-equity ratio of 4.83.

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

About Air France-KLM

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.