Air France KLM (AFLYY) Gets a Buy Rating from Berenberg Bank


Berenberg Bank analyst Adrian Yanoshik maintained a Buy rating on Air France KLM (AFLYY) yesterday and set a price target of EUR12.40. The company’s shares closed last Monday at $11.13.

According to TipRanks.com, Yanoshik is a 2-star analyst with an average return of 1.9% and a 38.9% success rate. Yanoshik covers the Services sector, focusing on stocks such as Deutsche Lufthansa AG, Southwest Airlines, and American Airlines.

Currently, the analyst consensus on Air France KLM is a Moderate Buy with an average price target of $12.65.

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Air France KLM’s market cap is currently $4.76B and has a P/E ratio of 12.39. The company has a Price to Book ratio of 3.56.

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Air France-KLM SA provides passenger and cargo air transportation services. Its activities include cargo, aeronautics maintenance and other air transport related activities such as catering and charter services. The company operates its business through the following segments: Passenger & Cargo Network, Maintenance, Transavia, and Other.

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