Air France-KLM SA (AFLYY) Coverage Initiated at Berenberg Bank
Berenberg Bank assumed coverage on shares of Air France-KLM SA (OTCMKTS:AFLYY) in a report released on Friday. The brokerage set a “hold” rating on the stock.
Several other research firms have also issued reports on AFLYY. Macquarie upgraded shares of Air France-KLM SA from an “underperform” rating to a “neutral” rating in a research note on Friday, September 23rd. Goldman Sachs Group Inc. reiterated a “neutral” rating on shares of Air France-KLM SA in a research note on Wednesday, September 14th. Four investment analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $9.00.
Shares of Air France-KLM SA (OTCMKTS:AFLYY) opened at 5.7099 on Friday. Air France-KLM SA has a 1-year low of $5.24 and a 1-year high of $9.92. The stock’s 50 day moving average is $5.68 and its 200-day moving average is $6.42.
Air France-KLM SA Company Profile
Air France KLM-SA is an airline company. The Company is engaged in passenger transportation. Its activities also include cargo, aeronautics maintenance and other air-transport-related activities, including catering. The Company’s two sub-groups Air France and KLM have a flyer program, Flying Blue, which enables members to acquire miles as they fly with airline partners or from transactions with non-airline partners.
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