Air France-KLM SA (OTCMKTS:AFLYY) Receives Average Recommendation of “Reduce” from Brokerages

Shares of Air France-KLM SA (OTCMKTS:AFLYY) have earned an average recommendation of “Reduce” from the five research firms that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation and four have given a hold recommendation to the company.

A number of equities analysts have recently issued reports on the company. BNP Paribas raised Air France-KLM from an “underperform” rating to a “neutral” rating in a research report on Thursday, September 19th. Barclays raised Air France-KLM to a “hold” rating in a research report on Monday, October 7th. Morgan Stanley downgraded Air France-KLM from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, November 5th. Finally, Citigroup downgraded Air France-KLM from a “strong-buy” rating to a “hold” rating in a research report on Wednesday.

Air France-KLM Stock Performance

OTCMKTS:AFLYY opened at $0.74 on Friday. The stock’s fifty day moving average is $0.83 and its 200 day moving average is $0.87. Air France-KLM has a fifty-two week low of $0.73 and a fifty-two week high of $1.45. The firm has a market capitalization of $1.94 billion, a PE ratio of 1.89 and a beta of 1.62.

Air France-KLM Company Profile

Air France-KLM SA, together with its subsidiaries, provides passenger and cargo transportation services and aeronautical maintenance in Metropolitan France, Benelux, rest of Europe, and internationally. The company operates through three segments: Airframe maintenance, Engine Maintenance, and Component Support.