Berenberg Bank set a €13.00 ($15.12) target price on Air France KLM (EPA:AF) in a research report sent to investors on Friday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other analysts have also recently weighed in on AF. UBS Group set a €9.75 ($11.34) target price on shares of Air France KLM and gave the stock a neutral rating in a report on Monday, January 7th. Royal Bank of Canada set a €10.50 ($12.21) target price on shares of Air France KLM and gave the stock a buy rating in a report on Thursday, January 10th. Deutsche Bank set a €8.00 ($9.30) price objective on shares of Air France KLM and gave the stock a sell rating in a research note on Tuesday, January 15th. Barclays set a €10.00 ($11.63) price objective on shares of Air France KLM and gave the stock a neutral rating in a research note on Thursday, January 17th. Finally, Morgan Stanley set a €12.00 ($13.95) price objective on shares of Air France KLM and gave the stock a buy rating in a research note on Tuesday, January 22nd. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of €11.07 ($12.88).
Shares of EPA:AF opened at €9.44 ($10.98) on Friday. Air France KLM has a 1-year low of €6.88 ($8.00) and a 1-year high of €14.65 ($17.03).
Air France-KLM SA, together with its subsidiaries, provides passenger transportation services on scheduled flights. The company operates through Network, Maintenance, Transavia, and Other segments. It also offers cargo transportation and aeronautics maintenance services; and other air-transport-related services.
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