Air France-KLM (OTCMKTS:AFLYY) Raised to Strong-Buy at Redburn Atlantic

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) was upgraded by stock analysts at Redburn Atlantic from a "hold" rating to a "strong-buy" rating in a report issued on Tuesday, March 25th,Zacks.com reports.

Other equities analysts have also recently issued research reports about the stock. Citigroup cut shares of Air France-KLM from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, January 8th. Barclays cut Air France-KLM from a "hold" rating to a "strong sell" rating in a research note on Wednesday, January 15th. Finally, Morgan Stanley reaffirmed an "underweight" rating on shares of Air France-KLM in a research note on Friday, March 7th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Hold".

Air France-KLM Stock Down 6.1 %

AFLYY traded down $0.06 during trading on Tuesday, reaching $0.88. 41,994 shares of the company were exchanged, compared to its average volume of 57,654. Air France-KLM has a 12-month low of $0.70 and a 12-month high of $1.25. The company has a market cap of $2.32 billion, a price-to-earnings ratio of 2.26 and a beta of 1.58. The company's 50-day moving average is $0.91 and its two-hundred day moving average is $0.88.

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Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last posted its earnings results on Thursday, March 6th. The transportation company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.05). The business had revenue of $8.40 billion for the quarter, compared to analysts' expectations of $7.71 billion. Air France-KLM had a negative return on equity of 53.38% and a net margin of 2.47%. Equities analysts forecast 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.