Price targets

Analyst ratings

3 analysts rated this company in the past 90 days. The average target price is €10.33, this is a change of -9.3% compared to the current price.

• September 18, 2025

  Deutsche Bank lowers target for Air France-KLM to 11 euros - 'Hold'

  FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research lowered its price target for Air France-KLM from €12 to €11, but maintained its "Hold" rating. Given the recent weak employment data from many industrialized countries, Andy Chu wrote in an industry report released Friday that he believes it is advisable to exercise caution for the entire transportation sector. Against this backdrop, he prefers a selective investment approach and seeks out stocks with relative outperformance./edh/zb

  Publication of the original study: September 18, 2025 / Time not specified in the study / CET

  First distribution of the original study: September 18, 2025 / 8:05 a.m. / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 15, 2025

  Bernstein leaves Air France-KLM at 'Market-Perform'; target 12 euros

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its "Market-Perform" rating on Air France-KLM with a price target of €12. Kerosene prices continue to provide tailwind for European aviation in the third quarter and support profitability, Alex Irving wrote in an industry report released Tuesday. Among the airlines, Lufthansa is under the most pressure due to weak domestic demand. Ryanair, on the other hand, should benefit from the low comparison base from the previous year. The expert remains IAG. Regarding airport operators, he expects slightly weaker growth in Greece and Antalya, Turkey, while momentum should increase in Frankfurt. Irving prefers Fraport and Aena to Aeroports de Paris and Zurich Airport./gl/men

  Publication of the original study: September 15, 2025 / 9:25 p.m. / UTC. First distribution of the original study: September 16, 2025 / 5:00 a.m. / UTC.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 12, 2025

  Bernstein maintains Air France-KLM at 'Market Perform'

  NEW YORK (dpa-AFX Analyser) - US analyst firm Bernstein Research has maintained a "Market-Perform" rating on Air France-KLM with a price target of €12. While return on invested capital (ROIC) is the best metric for assessing an airline's financial quality, various aspects must be considered, Alex Irving wrote in his industry assessment published Monday. His preferred stock in Europe is IAG. The airline, he said, offers favorable structural trends, the potential for high cash distributions, and its leading position in revenue and cost per seat-kilometer. Meanwhile, the low-cost airline Ryanair's industry-leading return on capital is due to its cheaper aircraft./gl/tih

  Publication of the original study: September 12, 2025 / 3:07 p.m. / UTC. First distribution of the original study: September 15, 2025 / 5:00 a.m. / UTC.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 19, 2025

  Bernstein maintains Air France-KLM at 'Market Perform'

  NEW YORK (dpa-AFX Analyser) - US analyst firm Bernstein Research has maintained its rating for Air France-KLM at "Market-Perform" with a price target of €12. The most important task of an airline CEO is capital allocation, which is why it is regrettable that most airlines lose value over the course of an economic cycle, Alex Irving wrote in an industry study released Wednesday. Only a few sector companies in Europe reliably exceed their cost of capital: Ryanair and IAG are among them./edh/tih

  Publication of the original study: August 19, 2025 / 7:06 p.m. / UTC

  First distribution of the original study: August 20, 2025 / 5:00 a.m. / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 12, 2025

  Bernstein maintains Air France-KLM at 'Market Perform'

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Air France-KLM at "Market-Perform" with a price target of €12. Since the airline's profit margins are rather slim even in good times, costs are a particular focus, Alex Irving wrote in an industry study released Wednesday. Relative to their competitors, Ryanair and IAG are in a better position in terms of costs. The low-cost airline Ryanair has a competitive advantage due to its low costs – a model that only Wizz Air can match in Europe, while IAG pursues a business model with higher costs but also higher revenues./mis/la

  Publication of the original study: August 12, 2025 / 9:19 p.m. / UTC. First distribution of the original study: August 13, 2025 / 5:00 a.m. / UTC.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 7, 2025

  Deutsche Bank raises target for Air France-KLM to 12 euros - 'Hold'

  FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research raised its price target for Air France-KLM from €10 to €12, but maintained its "Hold" rating. Following the European network airlines' unexpectedly strong quarterly results, it raised its earnings (EBIT) forecasts for 2025, Jaime Rowbotham wrote in an industry report released Thursday. His "Top Pick" remains IAG./edh/bek

  Publication of the original study: August 7, 2025 / Time not specified in the study / CET

  First distribution of the original study: August 7, 2025 / 8:05 a.m. / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 5, 2025

  Bernstein maintains Air France-KLM at 'Market Perform'

  NEW YORK (dpa-AFX Analyser) - US analyst firm Bernstein Research has maintained its rating for Air France-KLM at "Market-Perform" with a price target of €12. Brands certainly play a role in the aviation industry, wrote Alex Irving in a sector analysis released Wednesday. They primarily serve as mechanisms for conveying information and managing expectations. In this respect, consumers on overlapping routes showed a clear preference for EasyJet over Ryanair./la/bek

  Publication of the original study: August 5, 2025 / 3:45 PM / UTC

  First distribution of the original study: August 6, 2025 / 5:00 AM / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 31, 2025

  Bernstein raises Air France-KLM target to 12 euros - 'Market Perform'

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has raised its price target for Air France-KLM from €9 to €12 and maintained its "Market-Perform" rating. The airline is on track to achieve its cost targets; The premium strategy is also paying off and driving earnings growth, wrote Alex Irving in a study released Friday following the quarterly results./edh/mis

  Publication of the original study: July 31, 2025 / 8:47 p.m. / UTC

  First distribution of the original study: August 1, 2025 / 8:47 p.m. / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 25, 2025

  Bernstein maintains Air France-KLM at 'Market Perform'

  NEW YORK (dpa-AFX Analyser) - US analyst firm Bernstein Research has maintained its rating for Air France-KLM at "Market-Perform" with a price target of €9. Two European airline stocks stand out as high-quality, investable stocks in a sector that is all too often value-destroying, wrote Alex Irving in an industry report released Monday. Both IAG and Ryanair reliably earned their cost of capital and achieved double-digit margins./edh/ajx

  Publication of the original study: July 25, 2025 / 3:39 p.m. / UTC

  First distribution of the original study: July 28, 2025 / 5:00 a.m. / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 13, 2025

  JPMorgan leaves Air France-KLM at 'Neutral' - Target 8 euros

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Air France-KLM at "Neutral" with a price target of €8. With regard to the company's half-year report, analyst Harry Gowers expressed optimism on Sunday for IAG ("Positive Catalyst Watch") and skepticism for Lufthansa ("Negative Catalyst Watch"). But he also sees certain problems with Air France-KLM on its transatlantic routes./ag/ck

  Publication of the original study: July 13, 2025 / 9:18 PM / BST

  First distribution of the original study: July 14, 2025 / 12:15 AM / BST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 8, 2025

  Bernstein maintains Air France-KLM at 'Market Perform'

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Air France-KLM at "Market-Perform" with a price target of €9. European airlines are poised for a profitable summer season, Alex Irving wrote in his industry assessment published Wednesday. He sees the greatest short-term return opportunities in Air France-KLM and Ryanair, both of which reported relatively weak comparative figures from the previous year./edh/ag

  Publication of the original study: July 8, 2025 / 5:22 p.m. / UTC

  First distribution of the original study: July 9, 2025 / 5:00 a.m. / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 4, 2025

  JPMorgan leaves Air France-KLM at 'Neutral' - Target 8 euros

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained Air France-KLM at "Neutral" with a price target of €8. The now announced increase in competitor SAS to a majority stake was to be expected sooner or later, wrote Harry Gowers in a commentary published Friday. Compared to Air France-KLM, the Scandinavian airline is quite small – it generates only about a tenth of its revenue. The transaction is therefore manageable. However, he views it positively because it gives Air France-KLM better access to the wealthy Scandinavian region. Gowers also sees potential for cost synergies, which he believes is in line with Air France-KLM's medium-term operating profit (EBIT) target./rob/gl/mf

  Publication of the original study: July 4, 2025 / 7:50 a.m. / BST First distribution of the original study: July 4, 2025 / 7:50 a.m. / BST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 2, 2025

  JPMorgan leaves Air France-KLM at 'Neutral' - Target 8 euros

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Air France-KLM at "Neutral" ahead of second-quarter results, with a price target of €8. Thanks to lower fuel costs and favorable pricing, operating profit (EBIT) is expected to have increased for the year, analyst Harry Gowers wrote in his outlook released Thursday. However, his estimate of €645 million is slightly below the consensus estimate of €660 million./rob/bek/ag

  Publication of the original study: July 2, 2025 / 8:33 p.m. / BST

  First distribution of the original study: July 3, 2025 / 12:15 a.m. / BST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 1, 2025

  Bernstein maintains Air France-KLM at 'Market Perform'

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Air France-KLM at "Market-Perform" with a price target of €9. The French company is likely to be particularly successful with Ryanair over the summer, Alex Irving wrote in his industry commentary published Wednesday. It is now important to make the stock more attractive again in the second half of the year./mf/ag

  Publication of the original study: July 1, 2025 / 5:00 PM / UTC

  First distribution of the original study: July 2, 2025 / 5:00 AM / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• June 30, 2025

  Bernstein leaves Air France-KLM on 'Market Perform' - Target 9 euros

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained a "Market-Perform" rating on Air France-KLM with a price target of €9. International Airlines Group (IAG) and Ryanair stand out positively in the often loss-making European airline industry, wrote Alex Irving in an assessment released Tuesday. Both companies consistently deliver double-digit operating profit margins (EBIT). However, that's where the similarities end. IAG focuses on maximizing revenue, while Ryanair focuses on minimizing costs. The expert prefers IAG in light of long-term returns. The company will be able to distribute a higher proportion of its market capitalization to investors in the coming years, is more favorably valued, and exhibits faster earnings growth (EPS)./gl/ag

  Publication of the original study: June 30, 2025 / 5:37 p.m. / UTC. First distribution of the original study: July 1, 2025 / 5:00 a.m. / UTC.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• June 11, 2025

  Bernstein maintains Air France-KLM at 'Market Perform'

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Air France-KLM at "Market-Perform" with a price target of €9. In an industry study on European airlines released Thursday, analyst Alex Irving expects a V-shaped recovery in passenger revenue in the second quarter. A strong April due to Easter was followed by a weaker May, but the signs for June are encouraging. The moment of greatest concern regarding returns on North Atlantic routes appears to be over./tih/ck

  Publication of the original study: June 11, 2025 / 10:01 PM / UTC

  First distribution of the original study: June 12, 2025 / 5:00 AM / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• June 9, 2025

  Bernstein maintains Air France-KLM at 'Market Perform'

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Air France-KLM at "Market-Perform" with a price target of €9. It's not just aircraft that determine the profitability of the airline industry, but also the increasingly important takeoff and landing rights, Alex Irving wrote in a study released Monday. Access to many of Europe's most important airports is limited due to capacity constraints. This situation offers structural advantages for dominant network airlines. He particularly mentioned IAG, but also Air France-KLM and Lufthansa.

  Publication of the original study: June 9, 2025 / 00:41 / UTC. First distribution of the original study: June 9, 2025 / 05:00 / UTC.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• April 30, 2025

  Bernstein maintains Air France-KLM at 'Market Perform'

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Air France-KLM at "Market-Perform" with a price target of €9 following the first-quarter results. Analyst Alexander Irving wrote in a report released Wednesday that operating profit (EBIT) was 13 percent above the consensus estimate. Higher revenues and lower costs contributed to this. Like Lufthansa, Air France-KLM has not expressed any concerns regarding the current second quarter./bek/gl

  Publication of the original study: April 30, 2025 / 6:52 a.m. / UTC First distribution of the original study: April 30, 2025 / 6:52 a.m. / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• April 30, 2025

  JPMorgan leaves Air France-KLM at 'Neutral' - Target 8 euros

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Air France-KLM at "Neutral" with a price target of €8. The first quarter was better than expected, wrote analyst Harry Gowers in a report published Wednesday. The outlook has not changed, despite the uncertainties./ajx/gl

  Publication of the original report: April 30, 2025 / 7:42 a.m. / BST First distribution of the original report: April 30, 2025 / 7:42 a.m. / BST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• April 18, 2025

  Bernstein maintains Air France-KLM at 'Market Perform'

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Air France-KLM at "Market-Perform" with a price target of €9. The first quarter of the year is not a good time for European airlines to make money, but it is the months of increasing summer bookings, wrote analyst Alexander Irving in an outlook on the quarterly figures released Tuesday. Stable high ticket prices and lower fuel costs should have provided a tailwind for the airlines./edh/la

  Publication of the original study: April 18, 2025 / 11:45 a.m. / UTC

  First distribution of the original study: April 22, 2025 / 4:01 a.m. / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• April 10, 2025

  Bernstein lowers target for Air France to 9 euros - 'Market perform'

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has lowered its price target for Air France-KLM from €11.50 to €9 and maintained its rating at "Market-Perform." In phases of economic downturn, consumers hold back on spending and business travel is reduced, analyst Alexander Irving wrote in an industry study released Thursday. In addition, aircraft procurement costs are likely to rise. However, falling fuel costs are also helpful. At Air France-KLM, a high debt ratio is an additional burden./bek/nas

  Publication of the original study: April 10, 2025 / 5:09 a.m. / UTC

  First distribution of the original study: April 10, 2025 / 5:09 a.m. / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• April 10, 2025

  JPMorgan lowers Air France-KLM to 'Neutral' - target at 8 euros

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has cut its price target for Air France-KLM shares from €15 to €8, downgrading them from "Overweight" to "Neutral." In his reassessment of the industry published Thursday, analyst Harry Gowers calls the company "a quality flight." He believes the airline has too much debt in an uncertain environment without corresponding cash inflows. He highlights Ryanair's business model as a comparative "safe haven." It offers the prospect of further share buybacks, and comparative figures are moderate. Lufthansa stands out negatively with its transatlantic risks and high costs./ag/gl

  Publication of the original study: April 10, 2025 / 00:17 / GMT. First distribution of the original study: April 10, 2025 / 00:17 / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• April 9, 2025

  Barclays lowers target for Air France-KLM to 5 euros - 'Underweight'

  LONDON (dpa-AFX Analyst) - British investment bank Barclays has lowered its price target for Air France-KLM from €7 to €5 and maintained its "underweight" rating. Analyst Andrew Lobbenberg cut his estimates for the European airline on Wednesday. The reason for this was lower revenue per available seat, somewhat mitigated by lower jet fuel prices and the weaker US dollar./ag/ajx

  Publication of the original study: April 9, 2025 / 2:11 a.m. / GMT

  First distribution of the original study: April 9, 2025 / 3:00 a.m. / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• March 6, 2025

  Bernstein maintains Air France-KLM at 'Outperform' - Target 11 euros

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Air France-KLM at "Outperform" following fourth-quarter results, with a price target of €11. Thanks to strong revenues, the airline exceeded expectations for operating profit (EBIT), analyst Alexander Irving wrote in his initial assessment on Thursday. The outlook provides confidence despite tariffs and taxes./bek/ag

  Publication of the original study: March 6, 2025 / 8:00 a.m. / UTC

  First distribution of the original study: March 6, 2025 / 8:00 a.m. / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• February 12, 2025

  Bernstein maintains Air France-KLM at 'Outperform' - Target 11 euros

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Air France-KLM at "Outperform" with a price target of €11. European airlines' business continues to grow moderately, with the North Atlantic market being the healthiest, wrote analyst Alexander Irving in an industry report released Thursday./ck/tih

  Publication of the original report: February 12, 2025 / 5:48 p.m. / UTC. First distribution of the original report: February 13, 2025 / 6:00 a.m. / UTC.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• January 6, 2025

  Bernstein lowers target for Air France-KLM to 11 euros - Outperform

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has lowered its price target for Air France-KLM from €14 to €11 and maintained its rating at "Outperform." The environment for airlines should remain robust in 2025, wrote analyst Alexander Irving in a report published Tuesday. Demand is solid, supply rather limited, and lower fuel costs are providing a tailwind for profits. Ryanair remains the most attractive from an investor perspective. Air France-KLM suffered from special effects in 2024, which should lead to rising profits in 2025, thanks in part to higher prices. IAG remains a solid name for investors, but has less room for upside than other sector stocks. Lufthansa, however, operates in quite difficult segments given its high dependence on business travel and a larger proportion of connections to Asia./mis/zb

  Publication of the original study: January 6, 2025 / 7:48 PM / UTC

  First distribution of the original study: January 7, 2025 / 6:00 AM / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• December 10, 2024

  Bernstein maintains Air France-KLM at 'Outperform' - Target 14 euros

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Air France-KLM at "Outperform" with a price target of €14. Current price data indicate largely stable earnings trends for major European airlines, analyst Alexander Irving wrote in an industry report released Wednesday. North Atlantic routes remain the healthiest market, while the Asian routes (especially China) continue to look challenging. Within the sector, he continues to favor Ryanair shares./edh/gl

  Publication of the original study: December 10, 2024 / 5:20 PM / UTC. First distribution of the original study: December 11, 2024 / 6:00 AM / UTC.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• December 10, 2024

  JPMorgan maintains Air France-KLM at 'Overweight' - target 10 euros

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Air France-KLM at "Overweight" with a price target of €10. The airlines' global capacity plans for the fourth quarter point to growth of 6 percent, compared to 7 percent in October, analyst Alexia Dogani wrote in an industry report released Wednesday. The price of kerosene fell by 6 percent last week and remains close to this year's lows./edh/mis

  Publication of the original study: December 10, 2024 / 3:24 PM / GMT

  First distribution of the original study: December 11, 2024 / 12:15 AM / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• December 3, 2024

  JPMorgan lowers target for Air France-KLM to 10 euros - 'Overweight'

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan lowered its price target for Air France-KLM from €11.50 to €10, but maintained its "Overweight" rating. Analysts Alexia Dogani and Harry Gowers expect a mixed year for the transportation industry in their outlook for 2025, released Wednesday. Airlines, in particular, are expected to report profit growth. Your favorite is IAG./ag/mne

  Publication of the original study: December 3, 2024 / 11:22 PM / GMT

  First distribution of the original study: December 4, 2024 / 12:15 AM / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 11, 2024

  Bernstein maintains Air France-KLM at 'Outperform' - Target 14 euros

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Air France-KLM at "Outperform" with a price target of €14. "Winter is coming, but airlines have wrapped up warm," wrote analyst Alexander Irving in an industry report released Tuesday. They continued to manage their capacity most disciplined on North Atlantic routes. The biggest obstacle remained the Asian routes, where the recovery process after the COVID pandemic is still ongoing./tih/ajx

  Publication of the original study: November 11, 2024 / 5:35 PM / UTC

  First distribution of the original study: November 12, 2024 / 6:00 AM / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 8, 2024

  Deutsche Bank Research maintains Air France-KLM on 'Hold'

  FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has maintained a "Hold" rating on Air France-KLM with a price target of €10. The airline again disappointed in the last quarter due to cost developments, wrote analyst Jaime Rowbotham in his commentary published on Friday. In addition, debt levels continued to rise./gl/ag

  Publication of the original study: November 8, 2024 / 8:30 a.m. / CET First distribution of the original study: Date not specified in study / Time not specified in study / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 7, 2024

  JPMorgan maintains Air France-KLM at 'Overweight' - target 12 euros

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Air France-KLM at "overweight" with a price target of €12. The third quarter missed expectations and costs rose, analyst Harry Gowers wrote Thursday morning. Estimates for 2024 and 2025 are under pressure./ag/gl

  Publication of the original study: November 7, 2024 / 8:24 a.m. / GMT First distribution of the original study: November 7, 2024 / 8:24 a.m. / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 7, 2024

  Bernstein maintains Air France-KLM's 'Outperform' rating after figures

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Air France-KLM at "Outperform" with a price target of €16 following its third-quarter results. The airline missed expectations on earnings, wrote analyst Alexander Irving in a quick assessment released Thursday. He also pointed to cost challenges at KLM. The full-year cost forecast has been raised. The increase in costs in the fourth quarter indicates continued challenges for KLM, lower capacity than previously expected, and higher maintenance costs./ck/gl

  Publication of the original study: November 7, 2024 / 8:12 a.m. / UTC First distribution of the original study: November 7, 2024 / 8:12 a.m. / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• October 7, 2024

  JPMorgan maintains Air France-KLM at 'Overweight' - target 12 euros

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Air France-KLM at "Overweight" with a price target of 12 euros ahead of third-quarter figures. In an update call regarding the presentation of the figures, the airline reiterated previous statements – for example, regarding the negative impact of the Olympic Games in Paris, wrote analyst Harry Gowers in a study published on Monday./mis/edh

  Publication of the original study: October 7, 2024 / 10:18 a.m. / BST

  First distribution of the original study: October 7, 2024 / 10:18 a.m. / BST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• October 4, 2024

  Barclays raises target for Air France-KLM - 'Equal Weight'

  LONDON (dpa-AFX Analyst) - British investment bank Barclays has raised its price target for Air France-KLM from €8.75 to €9 and maintained its rating at "Equal Weight." Analyst Andrew Lobbenberg wrote in his industry outlook for the reporting season published on Monday that otherwise strong trends are being overshadowed by geopolitics. The outlook is therefore less clear. Looking ahead to the quarterly results, Lobbenberg particularly likes Lufthansa and Norwegian, but is rather cautious about Air France-KLM and Wizz Air./ag/mis

  Publication of the original study: October 4, 2024 / 7:38 PM / GMT

  First distribution of the original study: October 7, 2024 / 3:00 AM / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• October 4, 2024

  Deutsche Bank maintains Air France-KLM on 'Hold' - Target 10 euros

  FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has maintained its rating for Air France-KLM at "Hold" with a price target of €10. Analyst Jaime Rowbotham addressed the proposed cost-cutting plan for the KLM brand in his commentary published on Friday./edh/ag

  Publication of the original study: October 4, 2024 / Time not specified in study / CET

  First distribution of the original study: October 4, 2024 / 8:05 a.m. / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 30, 2024

  Bernstein maintains Air France-KLM at 'Outperform' - Target 16 euros

  NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Air France-KLM at "Outperform" with a price target of €16. After a rollercoaster ride in the second quarter, the third quarter appears to have been relatively stable for European airlines, wrote analyst Alexander Irving in his outlook for the industry's reporting season, published Tuesday, following discussions with executives of several airlines. The lower fuel prices are also helpful for the sector./edh/ag

  Publication of the original study: September 30, 2024 / 4:29 p.m. / UTC

  First distribution of the original study: October 1, 2024 / 5:00 a.m. / UTC

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 24, 2024

  JPMorgan raises Air France-KLM by two notches to 'Overweight'

  NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has raised its rating for Air France-KLM shares from "underweight" to "overweight" and raised its price target from €8.60 to €12. There is currently a chance of a turnaround in earnings, wrote Harry Gowers in his industry analysis published Wednesday. The French company's shares have 40 percent recovery potential, after having fallen just as significantly in percentage terms so far this year. Gowers' industry favorite is EasyJet./ag/ajx

  Publication of the original study: September 24, 2024 / 10:00 PM / BST

  First distribution of the original study: September 25, 2024 / 12:15 AM / BST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.