Air France-KLM (OTCMKTS:AFLYY) Stock Rating Lowered by Morgan Stanley

Morgan Stanley cut shares of Air France-KLM (OTCMKTS:AFLYY) from an equal weight rating to an underweight rating in a report published on Tuesday morning, MarketBeat Ratings reports.

Several other research analysts also recently commented on the stock. Hsbc Global Res raised shares of Air France-KLM to a “hold” rating in a report on Friday, July 12th. Barclays raised shares of Air France-KLM to a “hold” rating in a report on Monday, October 7th. HSBC downgraded shares of Air France-KLM from a “buy” rating to a “hold” rating in a report on Friday, July 12th. Finally, BNP Paribas raised shares of Air France-KLM from an “underperform” rating to a “neutral” rating in a report on Thursday, September 19th. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold”.

Air France-KLM Price Performance

Shares of OTCMKTS:AFLYY opened at $0.97 on Tuesday. The firm has a fifty day moving average price of $0.93 and a two-hundred day moving average price of $0.97. Air France-KLM has a one year low of $0.77 and a one year high of $1.65. The company has a market cap of $2.55 billion, a price-to-earnings 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.