Air France KLM SA (AFLYY) Cut to “Sell” at Barclays PLC
Air France KLM SA (NASDAQ:AFLYY) was downgraded by stock analysts at Barclays PLC to a “sell” rating in a research report issued on Tuesday.
Several other research firms have also recently weighed in on AFLYY. Bank of America Corporation reaffirmed a “buy” rating on shares of Air France KLM SA in a report on Friday, September 16th. Berenberg Bank started coverage on shares of Air France KLM SA in a report on Friday, November 11th. They issued a “hold” rating on the stock. Zacks Investment Research raised shares of Air France KLM SA from a “sell” rating to a “hold” rating in a report on Tuesday, September 27th. Macquarie raised shares of Air France KLM SA from an “underperform” rating to a “neutral” rating in a report on Friday, September 23rd. Finally, HSBC reaffirmed a “sell” rating on shares of Air France KLM SA in a report on Monday, November 28th. Five equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company. Air France KLM SA has an average rating of “Hold” and an average price target of $7.50.
Shares of Air France KLM SA (NASDAQ:AFLYY) traded up 0.47% on Tuesday, reaching $5.34. The company’s stock had a trading volume of 13,197 shares. Air France KLM SA has a 12 month low of $5.23 and a 12 month high of $9.92. The stock has a 50 day moving average of $5.52 and a 200-day moving average of $5.76. The firm has a market cap of $1.98 billion and a price-to-earnings ratio of 2.69.
This article was originally published by and is the sole property of American Banking News. If you happen to be reading this article on another website, it was stolen and illegally republished in violation of U.S. and International copyright law. The original version of this story can be read at https://www.americanbankingnews.com/2017/01/11/air-france-klm-sa-aflyy-cut-to-sell-at-barclays-plc.html
ILLEGAL ACTIVITY NOTICE: This report was originally posted by American Banking News and is the sole property of of American Banking News. If you are viewing this report on another website, it was stolen and reposted in violation of US and international trademark & copyright law. The original version of this report can be accessed at https://www.americanbankingnews.com/2017/01/11/air-france-klm-sa-aflyy-cut-to-sell-at-barclays-plc.html.
About Air France KLM SA
Air France KLM-SA is an airline company. The Company is engaged in passenger transportation. Its activities also include cargo, aeronautics maintenance and other air-transport-related activities, including catering. The Company’s two sub-groups Air France and KLM have a flyer program, Flying Blue, which enables members to acquire miles as they fly with airline partners or from transactions with non-airline partners.
Receive News & Ratings for Air France KLM SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air France KLM SA and related companies with MarketBeat.com's FREE daily email newsletter.