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

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

A number of equities analysts have weighed in on the stock. Barclays downgraded shares of Air France-KLM from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 15th. Citigroup downgraded shares of Air France-KLM from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 8th.

Air France-KLM Trading Down 0.3 %

Shares of OTCMKTS AFLYY opened at $1.22 on Friday. Air France-KLM has a 1-year low of $0.70 and a 1-year high of $1.25. The company has a market cap of $3.19 billion, a PE ratio of 3.12 and a beta of 1.58. The company has a 50-day moving average of $0.83 and a two-hundred day moving average of $0.86.

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

About Air France-KLM

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.