Air France-KLM SA (OTCMKTS:AFLYY – Get Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $1.2850, but opened at $1.3450. Air France-KLM shares last traded at $1.30, with a volume of 2,690 shares changing hands.
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on the stock. Citigroup reiterated a “neutral” rating on shares of Air France-KLM in a research note on Friday, February 20th. Barclays upgraded shares of Air France-KLM from an “underweight” rating to an “equal weight” rating in a research note on Monday, March 9th. Zacks Research lowered shares of Air France-KLM from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Oddo Bhf raised shares of Air France-KLM from a “neutral” rating to an “outperform” rating in a report on Friday, February 6th. Finally, Morgan Stanley upgraded shares of Air France-KLM from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, May 26th. Three analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.
View Our Latest Analysis on Air France-KLM
Air France-KLM Price Performance
Air France-KLM (OTCMKTS:AFLYY – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The transportation company reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.08). Air France-KLM had a net margin of 4.77% and a return on equity of 82.05%. The business had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $8.77 billion. On average, research analysts forecast that Air France-KLM SA will post 0.37 EPS for the current year.
Air France-KLM Company Profile
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.
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