Air France-KLM (OTCMKTS:AFLYY) Upgraded at Kepler Capital Markets

Kepler Capital Markets upgraded shares of Air France-KLM (OTCMKTS:AFLYY) from a reduce rating to a hold rating in a report released on Tuesday morning, Marketbeat Ratings reports.

Other analysts also recently issued research reports about the company. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Air France-KLM in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Air France-KLM in a research report on Monday, June 22nd. Citigroup restated a “neutral” rating on shares of Air France-KLM in a research report on Monday, August 3rd. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Air France-KLM in a research note on Wednesday, July 8th. Three investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, Air France-KLM currently has a consensus rating of “Hold”.

Air France-KLM Trading Down 5.0%

Shares of Air France-KLM stock opened at $1.32 on Tuesday. The firm has a market cap of $3.47 billion, a price-to-earnings ratio of 2.81 and a beta of 1.40. The business has a 50-day moving average price of $1.40 and a 200-day moving average price of $1.27. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 4.26. Air France-KLM has a twelve month low of $0.99 and a twelve month high of $1.62.

Air France-KLM (OTCMKTS:AFLYY) last issued its earnings results on Thursday, July 30th. The transportation company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.02. Air France-KLM had a return on equity of 45.11% and a net margin of 3.35%.The firm had revenue of $10.67 billion for the quarter, compared to analysts’ expectations of $10.51 billion. Equities research analysts anticipate that Air France-KLM will post 0.44 EPS for the current fiscal year.

Air France-KLM Company Profile

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.