Air France KLM: climbs in favorable news

Photo credit © Air France

( — Air France-KLM outperformed the market at the end of the morning with a title that climbed 3.3% to 1.5 euros. In addition to the solid publication ofUnited Airlines, the Franco-Dutch company is boosted by a note from Kepler Cheuvreux which raised its recommendation on the value to ‘buy’ while raising its target from 1.2 to 1.9 euros. The analyst explains that the stock has outperformed its peers since the start of the third quarter and expects this trend to continue, citing the group’s better operating performance. He expects solid results for the three months to the end of September and expects the consensus to raise its estimates in the short term.


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