Air France-KLM (OTCMKTS:AFLYY) Rating Lowered to "Underweight" at Morgan Stanley

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) was downgraded by Morgan Stanley from an "equal weight" rating to an "underweight" rating in a report issued on Tuesday, MarketBeat reports.

Several other research firms have also issued reports on AFLYY. HSBC lowered shares of Air France-KLM from a "buy" rating to a "hold" rating in a research note on Friday, July 12th. Barclays raised shares of Air France-KLM to a "hold" rating in a research report on Monday, October 7th. Hsbc Global Res raised Air France-KLM to a "hold" rating in a research report on Friday, July 12th. Finally, BNP Paribas upgraded Air France-KLM from an "underperform" rating to a "neutral" rating in a research note on Thursday, September 19th. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold".

Air France-KLM Trading Up 1.4 %

Shares of AFLYY traded up $0.01 on Tuesday, reaching $0.95. The company's stock had a trading volume of 43,832 shares, compared to its average volume of 46,564. The stock has a market capitalization of $2.50 billion, a PE ratio of 4.33 and a beta of 1.69. Air France-KLM has a twelve month low of $0.77 and a twelve month high of $1.65. The firm has a fifty day moving average of $0.93 and a 200-day moving average of $0.97.

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.