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

UBS Group cut shares of Air France-KLM (OTCMKTS:AFLYY) from a strong-buy rating to a hold rating in a research note issued to investors on Tuesday morning,Zacks.com reports.

AFLYY has been the subject of several other reports. Morgan Stanley reiterated an “underweight” rating on shares of Air France-KLM in a research report on Friday, March 7th. Barclays downgraded shares of Air France-KLM from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 15th. 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, Redburn Atlantic upgraded shares of Air France-KLM from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold”.

Air France-KLM Trading Down 0.6 %

Shares of Air France-KLM stock opened at $0.98 on Tuesday. The firm has a market capitalization of $2.56 billion, a PE ratio of 2.50 and a beta of 1.58. The firm’s 50 day moving average is $0.90 and its 200 day moving average is $0.88. Air France-KLM has a 1 year low of $0.70 and a 1 year high of $1.25.

Air France-KLM (OTCMKTS:AFLYY) last announced its quarterly earnings results on Thursday, March 6th. The transportation company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate 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 for the quarter, compared to analyst estimates of $7.71 billion. As a group, research analysts anticipate 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.