Air France-KLM (OTCMKTS:AFLYY) Lowered to Hold Rating by Citigroup

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

A number of other equities research analysts have also issued reports on the stock. Barclays upgraded shares of Air France-KLM to a “hold” rating in a report on Monday, October 7th. Morgan Stanley lowered Air France-KLM from an “equal weight” rating to an “underweight” rating in a report on Tuesday, November 5th. Finally, BNP Paribas upgraded Air France-KLM from an “underperform” rating to a “neutral” rating in a report on Thursday, September 19th. One analyst has rated the stock with a sell rating and five have given a hold rating to the stock. Based on data from MarketBeat, Air France-KLM currently has an average rating of “Hold”.

Air France-KLM Trading Down 5.4 %

OTCMKTS AFLYY opened at $0.74 on Wednesday. Air France-KLM has a 1 year low of $0.73 and a 1 year high of $1.45. The company has a market cap of $1.94 billion, a PE ratio of 1.89 and a beta of 1.62. The stock’s 50-day moving average price is $0.83 and its two-hundred day moving average price is $0.87.

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.