Air France-KLM (OTCMKTS:AFLYY) Upgraded at JPMorgan Chase & Co.

JPMorgan Chase & Co. upgraded shares of Air France-KLM (OTCMKTS:AFLYY) from a neutral rating to an overweight rating in a research report released on Monday, Marketbeat.com reports.

Several other brokerages have also issued reports on AFLYY. Citigroup reaffirmed a “neutral” rating on shares of Air France-KLM in a research report on Thursday, October 23rd. Barclays upgraded shares of Air France-KLM from an “underweight” rating to an “equal weight” rating in a research report on Monday, August 4th. Finally, Morgan Stanley began coverage on shares of Air France-KLM in a research report on Wednesday, October 15th. They issued an “equal weight” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Air France-KLM Price Performance

Air France-KLM stock opened at $1.25 on Monday. Air France-KLM has a 52 week low of $0.70 and a 52 week high of $1.76. The company’s 50 day moving average price is $1.27 and its two-hundred day moving average price is $1.30. The stock has a market cap of $3.27 billion, a P/E ratio of 3.11, a P/E/G ratio of 0.15 and a beta of 1.30. The company has a quick ratio of 0.60, a current ratio of 0.65 and a debt-to-equity ratio of 5.64.

Air France-KLM (OTCMKTS:AFLYY) last issued its quarterly earnings results on Thursday, November 6th. The transportation company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.09). The business had revenue of $10.63 billion for the quarter, compared to analysts’ expectations of $10.92 billion. Air France-KLM had a net margin of 3.21% and a return on equity of 82.86%. On average, equities analysts predict that Air France-KLM will post 0.21 earnings per share for the current year.

About Air France-KLM

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.