Air France-KLM Sponsored (AFLYY) Receives Consensus Recommendation of “Hold” from Analysts

Air France-KLM Sponsored (OTCMKTS:AFLYY) has been given an average rating of “Hold” by the nine research firms that are presently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company.

AFLYY has been the topic of a number of research reports. Royal Bank of Canada downgraded Air France-KLM from an “outperform” rating to a “sector perform” rating in a report on Thursday, February 14th. ValuEngine upgraded Air France-KLM from a “hold” rating to a “buy” rating in a report on Wednesday, February 27th. Zacks Investment Research downgraded Air France-KLM from a “buy” rating to a “hold” rating in a report on Wednesday, March 13th. Citigroup initiated coverage on Air France-KLM in a report on Thursday, May 2nd. They issued a “neutral” rating on the stock. Finally, Berenberg Bank restated a “sell” rating and issued a $13.00 price objective on shares of Air France-KLM in a report on Friday, May 10th.

AFLYY opened at $9.12 on Monday. 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 firm has a market cap of $3.88 billion, a P/E ratio of 8.60 and a beta of 0.92. Air France-KLM has a 52 week low of $7.78 and a 52 week high of $14.95.

Air France-KLM (OTCMKTS:AFLYY) last issued its quarterly earnings results on Friday, May 3rd. The transportation company reported ($0.87) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.67) by ($0.20). Air France-KLM had a return on equity of 12.80% and a net margin of 1.35%. The business had revenue of $7.26 billion during the quarter. Equities analysts predict that Air France-KLM will post 1.56 earnings per share for the current fiscal 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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