Shares of Air France-KLM SA (OTCMKTS:AFLYY – Get Free Report) gapped down prior to trading on Thursday. The stock had previously closed at $1.34, but opened at $1.2640. Air France-KLM shares last traded at $1.2640, with a volume of 210 shares traded.
Analyst Ratings Changes
AFLYY has been the subject of several research analyst reports. Morgan Stanley reiterated an “overweight” rating on shares of Air France-KLM in a research report on Wednesday, July 8th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Air France-KLM in a report on Wednesday, August 5th. Citigroup restated a “neutral” rating on shares of Air France-KLM in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Air France-KLM in a report on Monday, June 22nd. Finally, Kepler Capital Markets upgraded shares of Air France-KLM from a “reduce” rating to a “hold” rating in a research report on Tuesday, August 25th. Three research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold”.
Check Out Our Latest Analysis on AFLYY
Air France-KLM Trading Up 4.8%
Air France-KLM (OTCMKTS:AFLYY – Get Free Report) last issued its earnings results on Thursday, July 30th. The transportation company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.02. The business had revenue of $10.67 billion during the quarter, compared to analyst estimates of $10.51 billion. Air France-KLM had a return on equity of 44.05% and a net margin of 3.35%. As a group, sell-side analysts anticipate that Air France-KLM SA will post 0.44 earnings per share for the current fiscal year.
Air France-KLM Company Profile
Air France-KLM is a European airline group formed in 2004 through the merger of Air France and KLM Royal Dutch Airlines. The group operates passenger and cargo air transportation through its principal airline brands, Air France and KLM, along with low-cost carrier Transavia. Its airlines serve domestic, European and long-haul international routes linking Europe with destinations across North America, Latin America, Asia, Africa and the Middle East.
Air France is based in France and operates major hubs at Paris-Charles de Gaulle and Paris-Orly airports, while KLM is headquartered in the Netherlands and uses Amsterdam Airport Schiphol as its primary hub.
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