Berenberg Bank set a €13.00 ($15.12) price target on Air France KLM (EPA:AF) in a research report released on Friday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other equities research analysts have also issued research reports about the company. Royal Bank of Canada set a €10.50 ($12.21) price target on Air France KLM and gave the stock a buy rating in a research note on Thursday, January 10th. UBS Group set a €10.60 ($12.33) price target on Air France KLM and gave the stock a neutral rating in a research note on Monday, April 29th. Morgan Stanley set a €12.00 ($13.95) price target on Air France KLM and gave the stock a buy rating in a research note on Tuesday, January 22nd. Deutsche Bank set a €8.00 ($9.30) price target on Air France KLM and gave the stock a sell rating in a research note on Tuesday, January 15th. Finally, Barclays set a €10.00 ($11.63) price target on Air France KLM and gave the stock a neutral rating in a research note on Thursday, January 17th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the stock. Air France KLM presently has a consensus rating of Hold and an average target price of €11.07 ($12.88).
Shares of EPA AF opened at €9.44 ($10.98) on Friday. Air France KLM has a 12 month low of €6.88 ($8.00) and a 12 month high of €14.65 ($17.03).
About Air France KLM
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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