Air France KLM (EPA:AF) Given a €11.00 Price Target by Morgan Stanley Analysts

Morgan Stanley set a €11.00 ($12.79) price target on Air France KLM (EPA:AF) in a research note issued to investors on Tuesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Several other analysts have also issued reports on AF. Sanford C. Bernstein set a €11.50 ($13.37) price objective on shares of Air France KLM and gave the company a neutral rating in a report on Monday. Berenberg Bank set a €12.40 ($14.42) price objective on shares of Air France KLM and gave the company a buy rating in a report on Tuesday, November 5th. Kepler Capital Markets set a €14.00 ($16.28) price objective on shares of Air France KLM and gave the company a buy rating in a report on Tuesday, October 29th. Barclays set a €9.40 ($10.93) price objective on shares of Air France KLM and gave the company a neutral rating in a report on Thursday, October 31st. Finally, HSBC set a €12.50 ($14.53) price objective on shares of Air France KLM and gave the company a buy rating in a report on Friday, November 1st. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of €11.31 ($13.15).

Shares of AF stock opened at €9.66 ($11.23) on Tuesday. The company’s 50-day moving average price is €10.15 and its 200-day moving average price is €9.77. Air France KLM has a twelve month low of €6.88 ($8.00) and a twelve month high of €14.65 ($17.03).

About Air France KLM

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.

Read More: What is the S&P/TSX Index?

Analyst Recommendations for Air France KLM (EPA:AF)

Receive News & Ratings for Air France KLM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air France KLM and related companies with MarketBeat.com's FREE daily email newsletter.