Air France-KLM SA (OTCMKTS:AFLYY) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Air France-KLM SA (OTCMKTS:AFLYY) have received an average rating of “Moderate Buy” from the ten brokerages that are covering the firm, MarketBeat.com reports. Six equities research analysts have rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company.

Several brokerages have recently issued reports on AFLYY. Zacks Research raised Air France-KLM from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 19th. JPMorgan Chase & Co. raised shares of Air France-KLM from a “neutral” rating to an “overweight” rating in a report on Monday, December 1st. Barclays upgraded shares of Air France-KLM from an “underweight” rating to an “equal weight” rating in a research report on Monday, March 9th. Royal Bank Of Canada initiated coverage on shares of Air France-KLM in a research note on Tuesday, January 20th. They set a “hold” rating on the stock. Finally, Oddo Bhf upgraded shares of Air France-KLM from a “neutral” rating to an “outperform” rating in a research report on Friday, February 6th.

Air France-KLM Trading Down 4.9%

Shares of AFLYY stock opened at $1.06 on Thursday. The company has a current ratio of 0.65, a quick ratio of 0.60 and a debt-to-equity ratio of 5.64. The stock has a market capitalization of $2.79 billion, a price-to-earnings ratio of 1.61, a price-to-earnings-growth ratio of 0.06 and a beta of 1.23. Air France-KLM has a 12-month low of $0.75 and a 12-month high of $1.76. The stock’s 50-day moving average price is $1.29 and its 200-day moving average price is $1.32.

Air France-KLM (OTCMKTS:AFLYY) last announced its quarterly earnings results on Thursday, February 19th. The transportation company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.19. The company had revenue of $9.53 billion during the quarter, compared to analyst estimates of $9.43 billion. Air France-KLM had a return on equity of 118.01% and a net margin of 5.00%. Equities research analysts predict that Air France-KLM will post 0.21 EPS for the current fiscal year.

About Air France-KLM

Air France-KLM is a leading European airline group formed in 2004 through the merger of France’s flagship carrier Air France and the Netherlands’ national airline KLM Royal Dutch Airlines. Headquartered in Paris and Amstelveen, the group provides passenger, cargo and maintenance services across a global network, connecting major hubs in Europe, North America, Asia, Africa and Latin America.

The company’s primary business activities include scheduled passenger transport on short, medium and long-haul routes; air freight operations under Air France-KLM Cargo; and technical support and maintenance services through AFI KLM E&M.