Air France-KLM SA (OTCMKTS:AFLYY) Given Average Recommendation of “Reduce” by Analysts

Air France-KLM SA (OTCMKTS:AFLYY) has received an average rating of “Reduce” from the six brokerages that are currently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation and four have issued a hold recommendation on the company.

A number of research analysts have commented on AFLYY shares. Citigroup downgraded Air France-KLM from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 8th. Morgan Stanley restated an “underweight” rating on shares of Air France-KLM in a report on Friday, March 7th. Finally, Barclays cut shares of Air France-KLM from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 15th.

Air France-KLM Price Performance

Shares of AFLYY opened at $0.98 on Thursday. The business’s 50-day moving average is $0.89 and its 200-day moving average is $0.88. The company has a market capitalization of $2.58 billion, a price-to-earnings ratio of 2.52 and a beta of 1.58. Air France-KLM has a fifty-two week low of $0.70 and a fifty-two week high of $1.25.

Air France-KLM (OTCMKTS:AFLYY) last announced its quarterly earnings data on Thursday, March 6th. The transportation company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.05). The company had revenue of $8.40 billion for the quarter, compared to analysts’ expectations of $7.71 billion. Air France-KLM had a net margin of 2.47% and a negative return on equity of 53.38%. Equities research analysts expect that Air France-KLM will post 0.21 earnings per share for the current fiscal year.

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.