Air France-KLM (OTCMKTS:AFLYY) Upgraded to “Hold” at Hsbc Global Res

Hsbc Global Res upgraded shares of Air France-KLM (OTCMKTS:AFLYY) to a hold rating in a research report sent to investors on Friday, Zacks.com reports.

Separately, HSBC cut shares of Air France-KLM from a buy rating to a hold rating in a report on Friday.

Air France-KLM Stock Performance

AFLYY stock opened at $0.84 on Friday. Air France-KLM has a 1-year low of $0.82 and a 1-year high of $1.87. The firm has a fifty day moving average price of $1.05 and a two-hundred day moving average price of $1.16.

Air France-KLM (OTCMKTS:AFLYY) last released its earnings results on Tuesday, April 30th. The transportation company reported ($0.22) earnings per share for the quarter, missing the consensus estimate of ($0.20) by ($0.02). The business had revenue of $7.22 billion for the quarter. Air France-KLM had a net margin of 2.47% and a negative return on equity of 53.38%. Equities research analysts expect that Air France-KLM will post 0.23 EPS for the current fiscal year.

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.