Air France-KLM (OTCMKTS:AFLYY) Upgraded to “Hold” at Kepler Capital Markets

Air France-KLM (OTCMKTS:AFLYY) was upgraded by analysts at Kepler Capital Markets from a “reduce” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.

A number of other research firms have also commented on AFLYY. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Air France-KLM in a research note on Wednesday, August 5th. Morgan Stanley restated an “overweight” rating on shares of Air France-KLM in a research report on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Air France-KLM in a report on Monday, June 22nd. Finally, Citigroup restated a “neutral” rating on shares of Air France-KLM in a report on Monday, August 3rd. Three equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold”.

Air France-KLM Stock Up 2.3%

Shares of OTCMKTS AFLYY opened at $1.32 on Tuesday. The firm’s 50-day moving average is $1.40 and its two-hundred day moving average is $1.27. The company has a market capitalization of $3.47 billion, a PE ratio of 2.81 and a beta of 1.40. Air France-KLM has a 12-month low of $0.99 and a 12-month high of $1.76. The company has a debt-to-equity ratio of 4.26, a current ratio of 0.72 and a quick ratio of 0.66.

Air France-KLM (OTCMKTS:AFLYY) last issued its quarterly earnings data 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. The firm had revenue of $10.67 billion during the quarter, compared to the consensus estimate of $10.51 billion. Air France-KLM had a return on equity of 45.11% and a net margin of 3.35%. Equities analysts anticipate that Air France-KLM will post 0.44 EPS for the current fiscal year.

About Air France-KLM

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.