Air France-KLM (OTCMKTS:AFLYY) Upgraded at Barclays

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.

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) was upgraded by analysts at Barclays from an "underweight" rating to an "equal weight" rating in a research note issued on Monday,Briefing.com Automated Import reports.

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

Air France-KLM Trading Down 1.6%

AFLYY stock opened at $1.25 on Monday. The firm has a fifty day moving average price of $1.16 and a 200 day moving average price of $0.98. Air France-KLM has a fifty-two week low of $0.70 and a fifty-two week high of $1.37. The company has a debt-to-equity ratio of 18.28, a quick ratio of 0.56 and a current ratio of 0.61. The firm has a market cap of $3.28 billion, a PE ratio of 2.98, a price-to-earnings-growth ratio of 0.13 and a beta of 1.92.

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.