Air France KLM SA (AFLYY) Rating Reiterated by HSBC
Air France KLM SA (NASDAQ:AFLYY)‘s stock had its “sell” rating reissued by equities research analysts at HSBC in a research note issued on Monday.
Several other research firms have also recently weighed in on AFLYY. Berenberg Bank assumed coverage on shares of Air France KLM SA in a research report on Friday, November 11th. They issued a “hold” rating for the company. Zacks Investment Research cut shares of Air France KLM SA from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 2nd. Deutsche Bank AG cut shares of Air France KLM SA from a “hold” rating to a “sell” rating in a research report on Wednesday, September 7th. Bank of America Corp. reiterated a “buy” rating on shares of Air France KLM SA in a research report on Friday, September 16th. Finally, Macquarie upgraded shares of Air France KLM SA from an “underperform” rating to a “neutral” rating in a research report on Friday, September 23rd. Four analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $7.50.
Shares of Air France KLM SA (NASDAQ:AFLYY) opened at 5.535 on Monday. The company’s 50 day moving average price is $0.00 and its 200 day moving average price is $0.00. Air France KLM SA has a one year low of $5.24 and a one year high of $9.92.
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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