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

Shares of Air France-KLM SA (OTCMKTS:AFLYY) have earned an average recommendation of “Reduce” from the six ratings firms that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the company.

A number of research firms recently issued reports on AFLYY. Citigroup downgraded Air France-KLM from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 8th. Barclays raised shares of Air France-KLM to a “hold” rating in a research note on Monday, October 7th. BNP Paribas raised shares of Air France-KLM from an “underperform” rating to a “neutral” rating in a research report on Thursday, September 19th. Finally, Morgan Stanley downgraded shares of Air France-KLM from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, November 5th.

Air France-KLM Trading Up 1.9 %

AFLYY stock opened at $0.72 on Friday. The stock has a 50-day moving average price of $0.81 and a two-hundred day moving average price of $0.87. Air France-KLM has a 1 year low of $0.71 and a 1 year high of $1.40. The stock has a market cap of $1.90 billion, a PE ratio of 1.86 and a beta of 1.62.

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.