ValuEngine Upgrades Air France-KLM (OTCMKTS:AFLYY) to Buy

ValuEngine upgraded shares of Air France-KLM (OTCMKTS:AFLYY) from a hold rating to a buy rating in a research note published on Wednesday, ValuEngine reports.

A number of other equities research analysts have also recently weighed in on AFLYY. Citigroup cut BCE from a buy rating to a neutral rating in a research note on Thursday, May 2nd. Zacks Investment Research downgraded Farmland Partners from a hold rating to a sell rating in a research report on Friday, July 12th. HSBC downgraded to a reduce rating and decreased their target price for the company from GBX 1,100 ($14.37) to GBX 800 ($10.45) in a research report on Wednesday, June 19th. Sanford C. Bernstein set a €11.50 ($13.37) price objective on E.On and gave the stock a buy rating in a research report on Monday, May 13th. Finally, Royal Bank of Canada reissued an outperform rating on shares of in a research note on Friday, June 21st. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company. The company currently has an average rating of Hold and an average target price of $12.50.

AFLYY stock opened at $9.88 on Wednesday. Air France-KLM has a twelve month low of $8.25 and a twelve month high of $14.95. The company has a current ratio of 0.67, a quick ratio of 0.62 and a debt-to-equity ratio of 4.88. The stock has a market cap of $4.23 billion, a PE ratio of 9.32 and a beta of 0.99. The company’s 50-day moving average is $9.34.

Air France-KLM (OTCMKTS:AFLYY) last released its quarterly earnings data on Friday, May 3rd. The transportation company reported ($0.87) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.67) by ($0.20). The firm had revenue of $7.26 billion during the quarter. Air France-KLM had a return on equity of 12.80% and a net margin of 1.35%. As a group, equities analysts forecast that Air France-KLM will post 1.46 earnings per share for the current year.

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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Analyst Recommendations for Air France-KLM (OTCMKTS:AFLYY)

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