Air France-KLM (OTCMKTS:AFLYY) Downgraded by Morgan Stanley to “Underweight”

Air France-KLM (OTCMKTS:AFLYY) was downgraded by investment analysts at Morgan Stanley from an “equal weight” rating to an “underweight” rating in a research note issued on Tuesday, Briefing.com reports.

AFLYY has been the topic of a number of other reports. BNP Paribas upgraded shares of Air France-KLM from an “underperform” rating to a “neutral” rating in a research report on Thursday, September 19th. Hsbc Global Res raised Air France-KLM to a “hold” rating in a report on Friday, July 12th. HSBC downgraded Air France-KLM from a “buy” rating to a “hold” rating in a report on Friday, July 12th. Finally, Barclays raised Air France-KLM to a “hold” rating in a research note on Monday, October 7th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. According to MarketBeat.com, Air France-KLM has an average rating of “Hold”.

Air France-KLM Stock Up 1.4 %

Shares of OTCMKTS:AFLYY opened at $0.95 on Tuesday. Air France-KLM has a 52-week low of $0.77 and a 52-week high of $1.65. The business has a fifty day moving average of $0.93 and a two-hundred day moving average of $0.97. The stock has a market cap of $2.50 billion, a P/E ratio of 4.33 and a beta of 1.69.

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.