Air France-KLM (OTCMKTS:AFLYY) Downgraded to Hold Rating by Citigroup

Air France-KLM (OTCMKTS:AFLYY) was downgraded by analysts at Citigroup from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

Several other research firms also recently issued reports on AFLYY. Morgan Stanley downgraded shares of Air France-KLM from an “equal weight” rating to an “underweight” rating in a research note 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, Barclays upgraded shares of Air France-KLM to a “hold” rating in a report on Monday, October 7th. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the company. According to data from MarketBeat.com, Air France-KLM has a consensus rating of “Hold”.

Air France-KLM Price Performance

Shares of Air France-KLM stock opened at $0.74 on Wednesday. The stock has a market capitalization of $1.94 billion, a price-to-earnings ratio of 1.89 and a beta of 1.62. Air France-KLM has a 12 month low of $0.73 and a 12 month high of $1.45. The business has a 50-day moving average of $0.83 and a 200 day moving average of $0.87.

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.