Air France-KLM (OTCMKTS:AFLYY) Upgraded by Barclays to "Equal Weight" Rating

Key Points

• Air France-KLM has been upgraded by Barclays from an "underweight" to an "equal weight" rating, indicating increased investor confidence in the stock.
• The company reported $0.25 earnings per share in its latest quarterly results, surpassing analysts' expectations of $0.18.
• Currently, the stock has an average rating of "Hold," with various analysts providing mixed ratings, including one strong buy and a handful of holds and sells.

Barclays upgraded shares of Air France-KLM (OTCMKTS:AFLYY - Free Report) from an underweight rating to an equal weight rating in a research note released on Monday morning, MarketBeat Ratings reports.

Separately, Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of Air France-KLM in a research note on Friday, July 4th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold".

Air France-KLM Stock Performance

AFLYY traded up $0.03 during midday trading on Monday, reaching $1.54. The company had a trading volume of 102,432 shares, compared to its average volume of 92,377. The business has a 50-day moving average of $1.20 and a two-hundred day moving average of $1.00. The company has a quick ratio of 0.56, a current ratio of 0.61 and a debt-to-equity ratio of 18.28. Air France-KLM has a 1 year low of $0.70 and a 1 year high of $1.54. The company has a market cap of $4.04 billion, a P/E ratio of 3.66, a P/E/G ratio of 0.12 and a beta of 1.92.

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last released its earnings results on Thursday, July 31st. The transportation company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.18 by $0.07. The firm had revenue of $9.66 billion for the quarter, compared to the consensus estimate of $8.44 billion. Air France-KLM had a net margin of 3.30% and a return on equity of 137.95%. As a group, equities research analysts predict that Air France-KLM will post 0.21 earnings per share for the current fiscal year.

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.