Shares of Air France-KLM SA (OTCMKTS:AFLYY – Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $1.3625, but opened at $1.43. Air France-KLM shares last traded at $1.48, with a volume of 34,483 shares.
Analyst Ratings Changes
Several research analysts have recently weighed in on AFLYY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Air France-KLM in a research report on Monday. Zacks Research cut shares of Air France-KLM from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Barclays upgraded shares of Air France-KLM from an “underweight” rating to an “equal weight” rating in a report on Monday, March 9th. Finally, Morgan Stanley upgraded shares of Air France-KLM from an “equal weight” rating to an “overweight” rating in a report on Tuesday, May 26th. Three equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold”.
Get Our Latest Stock Report on AFLYY
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) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.08). The company had revenue of $8.77 billion during the quarter, compared to analyst estimates of $8.77 billion. Air France-KLM had a net margin of 4.77% and a return on equity of 82.05%. As a group, equities research analysts forecast that Air France-KLM SA will post 0.37 EPS for the current year.
About Air France-KLM
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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