Air France-KLM (OTCMKTS:AFLYY) Rating Lowered to “Underweight” at Morgan Stanley

Air France-KLM (OTCMKTS:AFLYYGet Free Report) was downgraded by Morgan Stanley from an “equal weight” rating to an “underweight” rating in a report released on Tuesday, Briefing.com reports.

Other analysts also recently issued research reports about the stock. BNP Paribas raised shares of Air France-KLM from an “underperform” rating to a “neutral” rating in a research report on Thursday, September 19th. Barclays upgraded Air France-KLM to a “hold” rating in a research note on Monday, October 7th. HSBC cut Air France-KLM from a “buy” rating to a “hold” rating in a research note on Friday, July 12th. Finally, Hsbc Global Res upgraded Air France-KLM to a “hold” rating in a research note on Friday, July 12th. One research analyst has rated the stock with a sell rating and four have given a hold rating to the company. According to data from MarketBeat.com, Air France-KLM has a consensus rating of “Hold”.

View Our Latest Analysis on Air France-KLM

Air France-KLM Stock Up 1.4 %

Shares of OTCMKTS:AFLYY opened at $0.95 on Tuesday. Air France-KLM has a 52-week low of $0.77 and a 52-week high of $1.65. The company has a 50 day moving average of $0.93 and a two-hundred day moving average of $0.97. The company has a market capitalization of $2.50 billion, a price-to-earnings ratio of 4.33 and a beta of 1.69.

About Air France-KLM

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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.

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