Air France KLM (AFLYY) Upgraded to Buy at Zacks Investment Research

Zacks Investment Research upgraded shares of Air France KLM (OTCMKTS:AFLYY) from a hold rating to a buy rating in a research report released on Thursday, January 4th. The brokerage currently has $19.00 price target on the transportation company’s stock.

According to Zacks, “AIR FRANCE-KLM is an airline company. The Company’s core business is passenger transport, cargo transport, and aircraft maintenance services. The Group is the world leader in terms of international passenger traffic; and its cargo activity (not including integrators) and is one of the world’s major maintenance service providers. The Group structure is simple: a holding company with two airline subsidiaries. Air France-KLM has established a set of clearly defined commitments to ensure that its strategy of profitable growth goes hand in hand with environmental quality and social progress. “

Several other analysts have also commented on the company. ValuEngine raised Air France KLM from a buy rating to a strong-buy rating in a report on Friday, October 20th. Deutsche Bank upgraded Air France KLM from a sell rating to a hold rating in a research report on Friday, December 1st. JPMorgan Chase & Co. upgraded Air France KLM from an underweight rating to a hold rating in a research report on Monday, November 20th. Finally, UBS Group restated a buy rating on shares of Air France KLM in a research report on Monday, September 11th. Five research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. Air France KLM currently has an average rating of Buy and a consensus target price of $19.00.

Shares of Air France KLM (OTCMKTS:AFLYY) traded down $0.36 during midday trading on Thursday, hitting $15.95. The company had a trading volume of 8,650 shares, compared to its average volume of 21,262. Air France KLM has a 1 year low of $5.15 and a 1 year high of $17.28. The stock has a market cap of $7,040.00, a PE ratio of 6.56, a P/E/G ratio of 0.31 and a beta of 0.53. The company has a quick ratio of 0.70, a current ratio of 0.76 and a debt-to-equity ratio of 2.24.

TRADEMARK VIOLATION NOTICE: This article was first posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this article on another publication, it was copied illegally and reposted in violation of US and international copyright laws. The original version of this article can be read at

About Air France KLM

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.

Get a free copy of the Zacks research report on Air France KLM (AFLYY)

For more information about research offerings from Zacks Investment Research, visit

Analyst Recommendations for Air France KLM (OTCMKTS:AFLYY)

Receive News & Ratings for Air France KLM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air France KLM and related companies with's FREE daily email newsletter.

Leave a Reply