Air France-KLM SA (OTCMKTS:AFLYY) Given Consensus Recommendation of “Reduce” by Analysts

Air France-KLM SA (OTCMKTS:AFLYY) has received a consensus recommendation of “Reduce” from the six brokerages that are currently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell rating and four have given a hold rating to the company.

Several brokerages recently issued reports on AFLYY. Citigroup cut shares of Air France-KLM from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 8th. Morgan Stanley downgraded shares of Air France-KLM from an “equal weight” rating to an “underweight” rating in a report on Tuesday, November 5th. Finally, Barclays cut Air France-KLM from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 15th.

Air France-KLM Price Performance

Shares of OTCMKTS AFLYY opened at $0.82 on Wednesday. Air France-KLM has a 1 year low of $0.70 and a 1 year high of $1.32. The company’s 50-day moving average is $0.79 and its 200 day moving average is $0.85. The stock has a market capitalization of $2.16 billion, a P/E ratio of 2.11 and a beta of 1.61.

Air France-KLM (OTCMKTS:AFLYY) last released its earnings results on Thursday, November 7th. The transportation company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.08). The company had revenue of $9.87 billion during the quarter. Air France-KLM had a negative return on equity of 53.38% and a net margin of 2.47%. Research analysts anticipate that Air France-KLM will post 0.21 earnings per share for the current year.

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.