Air France-KLM (OTCMKTS:AFLYY) Lifted to Market Perform at Sanford C. Bernstein

Air France-KLM (OTCMKTS:AFLYY) was upgraded by stock analysts at Sanford C. Bernstein from an “underperform” rating to a “market perform” rating in a report issued on Tuesday, Automated Import reports.

AFLYY has been the topic of a number of other research reports. HSBC upgraded Air France-KLM from a “hold” rating to a “buy” rating in a report on Thursday, August 1st. Citigroup initiated coverage on Air France-KLM in a report on Thursday, May 2nd. They issued a “neutral” rating on the stock. Zacks Investment Research downgraded Air France-KLM from a “hold” rating to a “strong sell” rating in a report on Friday, July 12th. ValuEngine downgraded Air France-KLM from a “buy” rating to a “hold” rating in a report on Wednesday, July 31st. Finally, Berenberg Bank cut Air France-KLM from a “hold” rating to a “sell” rating in a research report on Monday, May 13th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. Air France-KLM has a consensus rating of “Hold” and an average target price of $12.50.

AFLYY stock traded up $0.31 during trading on Tuesday, hitting $11.35. The company had a trading volume of 9,431 shares, compared to its average volume of 33,451. The company has a market capitalization of $4.86 billion, a price-to-earnings ratio of 10.71 and a beta of 0.95. The firm has a 50 day moving average price of $9.76. Air France-KLM has a fifty-two week low of $8.52 and a fifty-two week high of $14.95. The company has a quick ratio of 0.62, a current ratio of 0.67 and a debt-to-equity ratio of 4.88.

Air France-KLM (OTCMKTS:AFLYY) last issued its quarterly earnings results on Friday, May 3rd. The transportation company reported ($0.87) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.67) by ($0.20). Air France-KLM had a net margin of 1.35% and a return on equity of 12.80%. The business had revenue of $7.26 billion during the quarter. As a group, equities analysts predict that Air France-KLM will post 1.34 EPS for the current fiscal year.

Air France-KLM Company Profile

Air France-KLM SA, together with its subsidiaries, provides passenger transportation services on scheduled flights. The company operates through Network, Maintenance, Transavia, and Other segments. It also offers cargo transportation and aeronautics maintenance services; and other air-transport-related services.

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Analyst Recommendations for Air France-KLM (OTCMKTS:AFLYY)

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