Air France KLM (EPA:AF) Given a €12.40 Price Target at Berenberg Bank

Air France KLM (EPA:AF) received a €12.40 ($14.42) price target from investment analysts at Berenberg Bank in a research report issued on Tuesday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s price objective would suggest a potential upside of 22.05% from the company’s previous close.

AF has been the topic of several other reports. Morgan Stanley set a €10.00 ($11.63) price target on Air France KLM and gave the company a “neutral” rating in a report on Thursday, September 19th. Credit Suisse Group set a €9.37 ($10.90) target price on Air France KLM and gave the stock a “neutral” rating in a report on Monday, September 30th. Sanford C. Bernstein set a €11.20 ($13.02) target price on Air France KLM and gave the stock a “neutral” rating in a report on Wednesday, October 30th. Deutsche Bank set a €8.10 ($9.42) target price on Air France KLM and gave the stock a “neutral” rating in a report on Friday, November 1st. Finally, HSBC set a €12.50 ($14.53) target price on Air France KLM and gave the stock a “buy” rating in a report on Friday, November 1st. Eight research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of €10.99 ($12.78).

EPA AF opened at €10.16 ($11.81) on Tuesday. The company’s fifty day moving average price is €9.96. 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 Company Profile

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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Analyst Recommendations for Air France KLM (EPA:AF)

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