Air France-KLM (OTCMKTS:AFLYY) Cut to Hold at UBS Group

Air France-KLM (OTCMKTS:AFLYY) was downgraded by analysts at UBS Group from a “strong-buy” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

A number of other equities research analysts have also recently issued reports on AFLYY. Morgan Stanley reiterated an “underweight” rating on shares of Air France-KLM in a report on Friday, March 7th. Barclays downgraded Air France-KLM from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 15th. Redburn Atlantic upgraded Air France-KLM from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Finally, Citigroup downgraded Air France-KLM from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 8th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Air France-KLM Trading Down 0.6 %

OTCMKTS AFLYY opened at $0.98 on Tuesday. Air France-KLM has a 1-year low of $0.70 and a 1-year high of $1.25. The firm’s fifty day simple moving average is $0.90 and its 200-day simple moving average is $0.88. The company has a market capitalization of $2.56 billion, a PE ratio of 2.50 and a beta of 1.58.

Air France-KLM (OTCMKTS:AFLYY) last released its quarterly earnings data on Thursday, March 6th. The transportation company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.05). The firm had revenue of $8.40 billion during the quarter, compared to analyst estimates of $7.71 billion. Air France-KLM had a negative return on equity of 53.38% and a net margin of 2.47%. As a group, analysts predict that Air France-KLM will post 0.21 EPS for the current year.

Air France-KLM Company Profile

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.