Air France-KLM (OTCMKTS:AFLYY) Cut to Strong Sell at Barclays

Barclays lowered shares of Air France-KLM (OTCMKTS:AFLYY) from a hold rating to a strong sell rating in a report issued on Wednesday morning,Zacks.com reports.

AFLYY has been the topic of a number of other reports. Morgan Stanley cut shares of Air France-KLM from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, November 5th. Citigroup cut shares of Air France-KLM from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Finally, BNP Paribas raised shares of Air France-KLM from an “underperform” rating to a “neutral” rating in a research note on Thursday, September 19th. Two analysts have rated the stock with a sell rating and four have given a hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold”.

Air France-KLM Trading Up 2.5 %

Shares of Air France-KLM stock opened at $0.73 on Wednesday. The firm has a market capitalization of $1.93 billion, a PE ratio of 1.88 and a beta of 1.62. Air France-KLM has a 12 month low of $0.70 and a 12 month high of $1.40. The business’s 50-day moving average price is $0.80 and its 200-day moving average price is $0.86.

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.