Air France-KLM (OTCMKTS:AFLYY) Stock Rating Lowered by Barclays

Air France-KLM (OTCMKTS:AFLYY) was downgraded by equities research analysts at Barclays from a “hold” rating to a “strong sell” rating in a report issued on Wednesday,Zacks.com reports.

Several other brokerages also recently issued reports on AFLYY. BNP Paribas upgraded Air France-KLM from an “underperform” rating to a “neutral” rating in a research report on Thursday, September 19th. Citigroup lowered Air France-KLM from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Finally, Morgan Stanley lowered Air France-KLM from an “equal weight” rating to an “underweight” rating in a report on Tuesday, November 5th. Two analysts have rated the stock with a sell rating and four have issued a hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold”.

Air France-KLM Stock Down 1.2 %

Air France-KLM stock opened at $0.72 on Wednesday. Air France-KLM has a 52-week low of $0.70 and a 52-week high of $1.40. The firm has a market capitalization of $1.88 billion, a price-to-earnings ratio of 1.83 and a beta of 1.62. The firm has a 50-day moving average price of $0.80 and a two-hundred day moving average price of $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.