Published On: Fri, Sep 16th, 2016

Bank of America Corp. Reaffirms “Buy” Rating for Air France KLM SA (AFLYY)

Air France KLM SA (NASDAQ:AFLYY)‘s stock had its “buy” rating reiterated by stock analysts at Bank of America Corp. in a research note issued on Friday.
A number of other equities analysts have also commented on the stock. Deutsche Bank AG lowered shares of Air France KLM SA from a “hold” rating to a “sell” rating in a research report on Wednesday, September 7th. Zacks Investment Research lowered shares of Air France KLM SA from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 2nd. Finally, Societe Generale lowered shares of Air France KLM SA from a “hold” rating to a “sell” rating in a research report on Monday, July 25th.
Shares of Air France KLM SA (NASDAQ:AFLYY) opened at 5.465 on Friday. The firm has a market cap of $1.60 billion and a PE ratio of 2.361. The company has a 50 day moving average of $5.65 and a 200-day moving average of $7.54. Air France KLM SA has a 12-month low of $5.37 and a 12-month high of $9.92.

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Air France KLM SA Company Profile
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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