Friday, November 4, 2016

AIR FRANCE-KLM : CM-CIC Securities rest at Ease – The Figaro

(AOF) – CM-CIC Securities reiterates its recommendation to Reduce with a target price of 5.5 euros on Air France-KLM following the submission of the plan Trust Together and the third quarter. For the broker, the second and third quarters represent the bulk of the year, therefore the year is made on a base of regular activity. Regarding the strategic plan, it was presented briefly and makes it difficult to understand how the profitability will be restored/ enhanced.

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