J P Morgan Chase & Co Analysts Give Air France-KLM (AF) a €11.60 Price Target
Air France-KLM (EPA:AF) received a €11.60 ($13.81) price objective from equities research analysts at J P Morgan Chase & Co in a research note issued on Monday. The firm presently has a “neutral” rating on the stock. J P Morgan Chase & Co’s target price would suggest a potential downside of 8.23% from the company’s previous close.
A number of other equities research analysts have also recently commented on AF. Deutsche Bank set a €11.60 ($13.81) price objective on Air France-KLM and gave the stock a “neutral” rating in a research note on Friday, December 1st. Morgan Stanley set a €18.35 ($21.85) price objective on Air France-KLM and gave the stock a “buy” rating in a research note on Monday, December 4th. Six investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of €11.32 ($13.47).
Shares of Air France-KLM (AF) traded up €0.09 ($0.11) during trading on Monday, hitting €12.64 ($15.05). The company had a trading volume of 1,900,000 shares, compared to its average volume of 4,220,000. Air France-KLM has a twelve month low of €4.78 ($5.69) and a twelve 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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