Air France-KLM SA (OTCMKTS:AFLYY) Receives Consensus Recommendation of "Reduce" from Brokerages

Shares of Air France-KLM SA (OTCMKTS:AFLYY - Get Free Report) have been assigned an average rating of "Reduce" from the six research firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation and five have assigned a hold recommendation to the company.

A number of brokerages recently weighed in on AFLYY. Barclays upgraded shares of Air France-KLM to a "hold" rating in a research report on Monday, October 7th. Morgan Stanley cut shares of Air France-KLM from an "equal weight" rating to an "underweight" rating in a research report on Tuesday, November 5th. BNP Paribas upgraded shares of Air France-KLM from an "underperform" rating to a "neutral" rating in a research report on Thursday, September 19th. Finally, Citigroup lowered Air France-KLM from a "strong-buy" rating to a "hold" rating in a report on Wednesday.

Air France-KLM Stock Down 5.4 %

OTCMKTS:AFLYY traded down $0.04 during trading hours on Friday, hitting $0.74. 56,508 shares of the stock were exchanged, compared to its average volume of 109,235. The company's 50 day moving average is $0.82 and its two-hundred day moving average is $0.87. The company has a market capitalization of $1.94 billion, a P/E ratio of 1.89 and a beta of 1.62. Air France-KLM has a twelve month low of $0.73 and a twelve month high of $1.45.

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.