Air France-KLM (AF) Given a €11.60 Price Target by J P Morgan Chase & Co Analysts
Air France-KLM (EPA:AF) has been assigned a €11.60 ($13.81) price target by equities research analysts at J P Morgan Chase & Co in a report released on Monday. The firm currently has a “neutral” rating on the stock. J P Morgan Chase & Co’s price objective suggests a potential downside of 8.23% from the stock’s previous close.
AF has been the topic of a number of other reports. Deutsche Bank set a €11.60 ($13.81) target price on shares of Air France-KLM and gave the stock a “neutral” rating in a report on Friday, December 1st. Morgan Stanley set a €18.35 ($21.85) target price on shares of Air France-KLM and gave the stock a “buy” rating in a report on Monday, December 4th. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of €11.32 ($13.47).
Air France-KLM (EPA AF) traded up €0.09 ($0.11) during trading on Monday, hitting €12.64 ($15.05). 1,900,000 shares of the stock were exchanged, compared to its average volume of 4,220,000. Air France-KLM has a 12-month low of €4.78 ($5.69) and a 12-month high of €14.65 ($17.44).
About Air France-KLM
Air France KLM-SA is an airline company. The Company is engaged in passenger transportation. Its activities also include cargo, aeronautics maintenance and other air-transport-related activities, including catering. The Company’s two sub-groups Air France and KLM have a flyer program, Flying Blue, which enables members to acquire miles as they fly with airline partners or from transactions with non-airline partners.
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