Air France-KLM Stock: UBS Significantly Raises Price Target, Shares Continue to Climb

UBS Significantly Raises Price Target on Air France-KLM

On February 25, UBS significantly raised its price target on Air France-KLM, increasing it from 11.05 euros to 13.95 euros, while maintaining a neutral recommendation. This new target implies a potential upside of about 8% from the current price of 12.92 euros. The day before, Goodbody CF also revised its target upwards, from 11.80 euros to 12.40 euros, with a 'hold' rating. However, this latter level is slightly below Wednesday's price, suggesting that the current valuation already reflects part of the group's operational recovery. These adjustments come as the stock has risen 7.53% in a week, a movement that has brought the share closer to its technical resistance identified at 13.14 euros. The upcoming financial releases, starting with the first quarter results expected on April 30, 2026, will be a crucial milestone to assess the group's trajectory.

Technical Analysis Shows Strong Bullish Trend

From a technical standpoint, the Air France-KLM stock is significantly above its 50-day and 200-day moving averages, located at 11.49 euros and 11.16 euros respectively, indicating a well-established bullish trend for several weeks. The widening gap between these averages and the price reinforces this signal of directional strength. The Relative Strength Index (RSI) stands at 62, a level that indicates sustained buying pressure without signaling an overbought zone, which is generally identified above 70. However, the stock is approaching the resistance at 13.14 euros, a threshold whose breach could pave the way for further appreciation, while a rejection at this level could lead to a pullback towards the 20-day moving average, currently at 11.76 euros.