Goldman Sachs Group Inc. Maintains Air France-KLM (EPA:AF) As a “Neutral”; They Now Have a PT Of EUR 8.30

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Air France-KLM (EPA:AF) Rating Reaffirmed

The firm has just set a target PPS of EUR 8.30 on Air France-KLM (EPA:AF) shares. This is 32.38% from the price per share. In a note sent to clients and investors on 2 December, Goldman Sachs Group Inc. has restated their “Neutral” rating on shares of AF.

From a total of 11 analysts covering Air France-KLM (EPA:AF) stock, 2 rate it a ”Buy”, 1 a “Sell”, and 8 a ”Hold”. This means that 18% of the ratings are positive. The highest target price is €20 while the lowest target price is €14. The mean of all analyst targets is €16.68 with a 7.18% above today’s (€6.27) stock price. Air France-KLM was the topic of 9 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. UBS maintained shares on November 3 with “Neutral” rating. Nomura maintained shares with “Neutral” rating and €7 target share price in a report from an August 20. Goldman Sachs maintained AF stock in a recent report from October 6 with “Neutral” rating. HSBC upgraded the rating on August 4. HSBC has a “Buy” rating and a €7.75 price target on shares. Finally, JP Morgan downgraded the stock to “Sell” rating in a report issued on a September 26.

The stock decreased 0.65% or EUR 0.04 on December 1, striking EUR 6.27. Approximately 1.78M shares of stock traded hands. Air France KLM SA (EPA:AF) has risen 22.64% since April 29, 2015 and is uptrending. It has outperformed by 24.26% the S&P500.

Goldman Sachs Group Inc. Maintains Air France-KLM (EPA:AF) As a

Air France KLM SA is an airline company. The company has a market cap of 1.86 billion EUR. The Firm is engaged in passenger transportation. It has 12.55 P/E ratio. The Company’s activities also include cargo, aeronautics maintenance and other air-transport-related activities, including catering.

According to Zacks Investment Research, “Astoria Financial Corp. is in the operation of its wholly-owned subsidiary, Astoria Federal. In addition to directing, planning and coordinating the business activities of Astoria Federal, the company invests primarily in U.S. Government and federal agency securities, mortgage-backed securities and other securities.” Get a free copy of the Zacks research report on Air France KLM SA (AF)

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