Air France-KLM (OTCMKTS:AFLYY) Downgraded by Barclays to Strong Sell

Barclays downgraded shares of Air France-KLM (OTCMKTS:AFLYY) from a hold rating to a strong sell rating in a research note issued to investors on Wednesday morning,Zacks.com reports.

AFLYY has been the topic of a number of other research reports. Citigroup cut Air France-KLM from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 8th. BNP Paribas upgraded shares of Air France-KLM from an “underperform” rating to a “neutral” rating in a research note on Thursday, September 19th. Finally, Morgan Stanley lowered shares of Air France-KLM from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, November 5th. Two analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Air France-KLM Trading Down 1.2 %

Air France-KLM stock opened at $0.72 on Wednesday. The business’s 50 day simple moving average is $0.80 and its 200 day simple moving average is $0.86. Air France-KLM has a 12 month low of $0.70 and a 12 month high of $1.40. The company has a market cap of $1.88 billion, a price-to-earnings ratio of 1.83 and a beta of 1.62.

Air France-KLM Company Profile

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.