Air France-KLM (OTCMKTS:AFLYY) Raised to “Hold” at Barclays

Barclays upgraded shares of Air France-KLM (OTCMKTS:AFLYY) to a hold rating in a report issued on Monday, Zacks.com reports.

A number of other research analysts have also recently issued reports on the stock. HSBC cut shares of Air France-KLM from a buy rating to a hold rating in a report on Friday, July 12th. BNP Paribas raised shares of Air France-KLM from an underperform rating to a neutral rating in a research note on Thursday, September 19th. Finally, Hsbc Global Res raised shares of Air France-KLM to a hold rating in a research report on Friday, July 12th.

Air France-KLM Trading Down 2.6 %

Shares of Air France-KLM stock opened at $0.91 on Monday. The company has a 50 day moving average of $0.87 and a 200-day moving average of $0.98. Air France-KLM has a 1-year low of $0.77 and a 1-year high of $1.65. The company has a market cap of $582.03 million, a PE ratio of 2.32 and a beta of 1.69.

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