Air France KLM’s (AFLYY) “Sell” Rating Reiterated at Bank of America

Air France KLM (OTCMKTS:AFLYY)‘s stock had its “sell” rating reissued by equities researchers at Bank of America in a note issued to investors on Monday.

Several other equities research analysts have also issued reports on the stock. Zacks Investment Research lowered shares of Air France KLM from a “hold” rating to a “strong sell” rating in a report on Tuesday, November 7th. ValuEngine upgraded shares of Air France KLM from a “buy” rating to a “strong-buy” rating in a report on Friday, October 20th. Deutsche Bank upgraded shares of Air France KLM from a “sell” rating to a “hold” rating in a report on Friday, December 1st. Finally, JPMorgan Chase & Co. upgraded shares of Air France KLM from an “underweight” rating to a “hold” rating in a report on Monday, November 20th. One analyst has rated the stock with a sell rating, four have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $18.00.

Shares of Air France KLM (OTCMKTS:AFLYY) traded down $0.44 during trading hours on Monday, hitting $12.51. 4,309 shares of the company’s stock were exchanged, compared to its average volume of 16,563. Air France KLM has a 1-year low of $5.55 and a 1-year high of $17.28. The company has a debt-to-equity ratio of 2.24, a current ratio of 0.76 and a quick ratio of 0.70.

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Air France KLM Company Profile

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.

Analyst Recommendations for Air France KLM (OTCMKTS:AFLYY)

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