Air France-KLM holds steady analyst ratings, shares trade above target consensus
22.06.2026 - 16:17:39 | ad-hoc-news.de
By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-22, 16:15.
Air France-KLM (FR0000031122) remains under cautious scrutiny from major research houses. On Euronext Paris, the latest updates from Deutsche Bank and Bernstein keep the stock at Neutral with target prices around 10 to 11 euros per share, according to MarketScreener data.
What Deutsche Bank and Bernstein say
Deutsche Bank recently reiterated its Neutral rating on Air France-KLM and lifted its price target from 9 to 11 euros, reflecting a modestly improved view on the carrier's prospects while still signaling limited upside at current trading levels. The bank's stance underscores ongoing concerns about sector volatility and cost pressures in European aviation compared with peers such as Lufthansa and IAG.
Bernstein also maintains a Neutral recommendation, setting its target price at 10.20 euros, which is below the current market price and implies a cautious risk-reward profile for the shares. According to the MarketScreener overview, the average analyst target for Air France-KLM stands at about 11.14 euros, again below the last close.
Consensus picture and valuation levels
At a last quoted level of around 12.46 euros, Air France-KLM shares trade above both Deutsche Bank's 11 euro target and Bernstein's 10.20 euro target, as aggregated by MarketScreener. This positioning suggests that the market already prices in a recovery scenario that key analysts still describe as uncertain in comparison with the broader airline group universe.
The same MarketScreener data indicate that Air France-KLM's average target price of roughly 11.14 euros remains below the current quotation, highlighting a consistent pattern of valuation caution across the analyst community. For investors tracking European airline stocks, this places Air France-KLM in a more conservatively rated camp relative to some peers that carry a higher proportion of Buy ratings.
All news and data on the Air France-KLM shares
More background, historical news and key figures on Air France-KLM can be found in the dedicated topic area and in the company's investor-relations section.
The business behind the airline group
Air France-KLM operates a multi-brand network airline business built around Air France, KLM and regional units, with hubs in Paris-Charles de Gaulle and Amsterdam-Schiphol serving long-haul and European traffic. The group also runs low-cost and leisure operations such as Transavia and maintains loyalty activities through the Flying Blue frequent-flyer program.
Where the shares trade today
The Air France-KLM shares (FR0000031122) most recently changed hands on Euronext Paris at about 12.46 euros on the latest available trading day, according to MarketScreener data.
Key data on the Air France-KLM shares
- Company: Air France-KLM SA
- ISIN: FR0000031122
- WKN: 920907
- Ticker: AF
- Trading venue: Euronext Paris
- Price (as of 2026-06-22, 15:45): 12.46 EUR
- Market cap: approximately 4.0 billion EUR (as of 2026-06-22, based on MarketScreener data and latest share count).
- Sector / industry: Airlines / Passenger transportation
- Index membership: CAC Next 20
- Next earnings date: 2026-07-26 (company financial calendar, if not updated more recently).
This article is for informational purposes only and does not constitute investment advice or a solicitation to buy or sell any securities.
