Air France-KLM SA (AF.PA) (EPA:AF) received a €3.50 ($4.12) target price from equities researchers at The Goldman Sachs Group in a report issued on Wednesday, Borsen Zeitung reports. The brokerage presently has a “sell” rating on the stock. The Goldman Sachs Group’s price objective would indicate a potential downside of 29.44% from the company’s current price.
A number of other research firms have also issued reports on AF. Morgan Stanley set a €3.00 ($3.53) price objective on shares of Air France-KLM SA (AF.PA) and gave the company a “sell” rating in a research note on Monday, November 30th. Kepler Capital Markets set a €4.30 ($5.06) target price on shares of Air France-KLM SA (AF.PA) and gave the stock a “neutral” rating in a report on Thursday, November 12th. Berenberg Bank set a €2.90 ($3.41) price target on shares of Air France-KLM SA (AF.PA) and gave the company a “neutral” rating in a report on Monday, November 2nd. HSBC set a €2.50 ($2.94) price objective on Air France-KLM SA (AF.PA) and gave the company a “sell” rating in a research note on Tuesday, September 29th. Finally, UBS Group set a €4.45 ($5.24) target price on Air France-KLM SA (AF.PA) and gave the stock a “neutral” rating in a research note on Tuesday, December 1st. Six analysts have rated the stock with a sell rating and five have given a hold rating to the company. The company presently has a consensus rating of “Sell” and a consensus target price of €3.11 ($3.66).
Shares of EPA:AF traded up €0.17 ($0.20) during trading on Wednesday, hitting €4.96 ($5.84). The stock had a trading volume of 4,595,107 shares, compared to its average volume of 4,720,000. The stock has a 50-day simple moving average of €5.00 and a two-hundred day simple moving average of €3.98. Air France-KLM SA has a 12-month low of €6.88 ($8.09) and a 12-month high of €14.65 ($17.24).
Air France-KLM SA (AF.PA) 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, and other air-transport-related services.
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