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

Shares of Air France-KLM SA (OTCMKTS:AFLYY) have been given a consensus rating of “Reduce” by the six research firms that are currently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation and four have assigned a hold recommendation to the company.

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

Air France-KLM Price Performance

Shares of AFLYY opened at $0.82 on Wednesday. The business has a 50-day moving average of $0.79 and a 200-day moving average of $0.85. The company has a market capitalization of $2.16 billion, a price-to-earnings ratio of 2.11 and a beta of 1.61. Air France-KLM has a 1 year low of $0.70 and a 1 year high of $1.32.

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