Royal Bank of Canada set a €11.00 ($12.79) price objective on Air France KLM (EPA:AF) in a report released on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other equities research analysts also recently weighed in on AF. Sanford C. Bernstein set a €11.50 ($13.37) price objective on E.On and gave the company a buy rating in a report on Monday, May 13th. Berenberg Bank reissued a sell rating and issued a GBX 600 ($7.84) price objective on shares of Great Portland Estates in a report on Friday, May 3rd. Barclays increased their price objective on Tyson Foods from $73.00 to $85.00 and gave the company an overweight rating in a report on Tuesday, May 7th. HSBC cut to a reduce rating and cut their price target for the stock from GBX 1,100 ($14.37) to GBX 800 ($10.45) in a research note on Wednesday, June 19th. Finally, Deutsche Bank set a $142.00 price target on MCCORMICK & CO /SH and gave the stock a hold rating in a research note on Friday, June 28th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the stock. Air France KLM presently has an average rating of Hold and a consensus price target of €10.26 ($11.94).
AF stock opened at €8.74 ($10.16) on Wednesday. Air France KLM has a twelve month low of €6.88 ($8.00) and a twelve month high of €14.65 ($17.03). The company has a 50 day moving average price of €8.15.
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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