Air France-KLM SA (AFLYY) Upgraded to “Strong-Buy” by ValuEngine

ValuEngine upgraded shares of Air France-KLM SA (OTCMKTS:AFLYY) from a buy rating to a strong-buy rating in a research report sent to investors on Friday.

Other analysts have also recently issued reports about the stock. J P Morgan Chase & Co reiterated a sell rating on shares of Air France-KLM SA in a research note on Wednesday, July 26th. UBS AG reiterated a buy rating on shares of Air France-KLM SA in a research note on Monday, September 11th. Royal Bank Of Canada upgraded shares of Air France-KLM SA from a sector perform rating to an outperform rating in a research note on Tuesday, June 27th. Finally, Zacks Investment Research cut shares of Air France-KLM SA from a buy rating to a hold rating in a research note on Tuesday, October 3rd. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of Hold.

Shares of Air France-KLM SA (OTCMKTS AFLYY) traded up 0.54% during midday trading on Friday, reaching $15.30. 2,778 shares of the company traded hands. Air France-KLM SA has a 12-month low of $5.15 and a 12-month high of $16.57. The firm has a market capitalization of $4.58 billion, a PE ratio of 5.66 and a beta of 0.37. The company has a 50-day moving average of $15.72 and a 200 day moving average of $12.97.

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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.

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