ValuEngine Downgrades Air France-KLM (OTCMKTS:AFLYY) to Hold

Air France-KLM (OTCMKTS:AFLYY) was downgraded by research analysts at ValuEngine from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday, ValuEngine reports.

A number of other brokerages have also commented on AFLYY. Bank of America started coverage on shares of Air France-KLM in a report on Tuesday, October 1st. They set a “buy” rating on the stock. Berenberg Bank reaffirmed a “buy” rating on shares of Air France-KLM in a report on Tuesday, October 15th. Zacks Investment Research raised Air France-KLM from a “sell” rating to a “hold” rating in a research note on Monday. Sanford C. Bernstein upgraded Air France-KLM from an “underperform” rating to a “market perform” rating in a research report on Tuesday, August 6th. Finally, Societe Generale raised Air France-KLM from a “hold” rating to a “buy” rating in a research note on Thursday, August 8th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the stock. Air France-KLM currently has a consensus rating of “Hold” and a consensus target price of $12.50.

AFLYY opened at $11.55 on Wednesday. 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 debt-to-equity ratio of 4.88, a current ratio of 0.67 and a quick ratio of 0.62. The firm has a market capitalization of $4.95 billion, a price-to-earnings ratio of 10.90, a PEG ratio of 0.39 and a beta of 0.87. The company’s 50 day moving average price is $11.54 and its two-hundred day moving average price is $10.49.

About Air France-KLM

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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To view ValuEngine’s full report, visit ValuEngine’s official website.

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

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