Air France-KLM SA (AFLYY) Upgraded to “Neutral” by Macquarie

Macquarie upgraded shares of Air France-KLM SA (OTCMKTS:AFLYY) from an underperform rating to a neutral rating in a research report sent to investors on Friday, reports.

Separately, Goldman Sachs Group Inc. reaffirmed a neutral rating on shares of Air France-KLM SA in a research note on Wednesday, September 14th. Three research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of Buy and an average target price of $9.00.

Analyst Recommendations for Air France-KLM SA (OTCMKTS:AFLYY)

Shares of Air France-KLM SA (OTCMKTS:AFLYY) opened at 5.467 on Friday. The company has a 50-day moving average of $5.56 and a 200 day moving average of $7.27. Air France-KLM SA has a 52 week low of $5.24 and a 52 week high of $9.92. The firm has a market capitalization of $1.60 billion, a P/E ratio of 2.372 and a beta of 0.95.

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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