Citigroup downgraded shares of Air France-KLM (OTCMKTS:AFLYY - Free Report) from a strong-buy rating to a hold rating in a research note released on Wednesday,Zacks.com reports.
Other research analysts have also issued research reports about the company. Barclays raised Air France-KLM to a "hold" rating in a research report on Monday, October 7th. Morgan Stanley downgraded Air France-KLM from an "equal weight" rating to an "underweight" rating in a report on Tuesday, November 5th. Finally, BNP Paribas upgraded shares of Air France-KLM from an "underperform" rating to a "neutral" rating in a research note on Thursday, September 19th. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold".
Check Out Our Latest Stock Analysis on Air France-KLM
Air France-KLM Trading Down 5.4 %
AFLYY traded down $0.04 during midday trading on Wednesday, reaching $0.74. The company's stock had a trading volume of 56,508 shares, compared to its average volume of 109,235. Air France-KLM has a 1 year low of $0.73 and a 1 year high of $1.45. The stock's 50-day moving average is $0.82 and its 200-day moving average is $0.87. The firm has a market capitalization of $1.94 billion, a price-to-earnings ratio of 1.89 and a beta of 1.62.
About Air France-KLM
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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.
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