Air France KLM (EPA:AF) has been assigned a €9.70 ($11.28) target price by equities research analysts at UBS Group in a report released on Thursday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. UBS Group’s target price would indicate a potential upside of 10.00% from the stock’s previous close.
AF has been the subject of several other research reports. Berenberg Bank reissued a “sell” rating and issued a GBX 600 ($7.84) price target on shares of Great Portland Estates in a research report on Friday, May 3rd. Barclays reissued a “sell” rating and issued a $5.00 price target on shares of Deutsche Bank in a research report on Wednesday. Deutsche Bank set a $142.00 price target on shares of MCCORMICK & CO /SH and gave the company a “hold” rating in a research report on Friday, June 28th. Sanford C. Bernstein set a €11.50 ($13.37) price target on shares of E.On and gave the company a “buy” rating in a research report on Monday, May 13th. Finally, HSBC cut shares of to a “reduce” rating and decreased their price target for the company from GBX 1,100 ($14.37) to GBX 800 ($10.45) in a research report on Wednesday, June 19th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company’s stock. Air France KLM presently has a consensus rating of “Hold” and an average price target of €10.19 ($11.85).
Shares of AF stock opened at €8.82 ($10.25) on Thursday. Air France KLM has a 52 week low of €6.88 ($8.00) and a 52 week high of €14.65 ($17.03). The firm has a 50 day simple moving average of €8.30.
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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