Air France-KLM (OTCMKTS:AFLYY) Upgraded by BNP Paribas to Neutral

BNP Paribas upgraded shares of Air France-KLM (OTCMKTS:AFLYY) from an underperform rating to a neutral rating in a research report released on Thursday morning, Marketbeat.com reports.

Several other analysts have also commented on the stock. Hsbc Global Res upgraded shares of Air France-KLM to a hold rating in a research report on Friday, July 12th. HSBC lowered shares of Air France-KLM from a buy rating to a hold rating in a research note on Friday, July 12th.

Air France-KLM Stock Up 6.5 %

Shares of AFLYY opened at $0.99 on Thursday. The company has a market capitalization of $636.20 million, a price-to-earnings ratio of 2.54 and a beta of 1.68. Air France-KLM has a 52 week low of $0.77 and a 52 week high of $1.65. The stock’s 50-day moving average price is $0.85 and its 200-day moving average price is $1.00.

Air France-KLM (OTCMKTS:AFLYY) last released its quarterly earnings data on Thursday, July 25th. The transportation company reported $0.04 EPS for the quarter. The business had revenue of $8.56 billion for the quarter. Air France-KLM had a negative return on equity of 53.38% and a net margin of 2.47%. As a group, equities analysts anticipate that Air France-KLM will post 0.21 EPS for the current fiscal 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.