Sanford C. Bernstein set a €20.00 ($23.26) price target on Deutsche Lufthansa (ETR:LHA) in a report published on Tuesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other equities analysts have also weighed in on the stock. Bank of America set a €12.20 ($14.19) target price on shares of Deutsche Lufthansa and gave the stock a sell rating in a research note on Tuesday, October 1st. HSBC set a €20.00 ($23.26) price target on Deutsche Lufthansa and gave the company a buy rating in a research note on Friday, November 29th. Nord/LB set a €16.50 ($19.19) price target on Deutsche Lufthansa and gave the company a neutral rating in a research note on Tuesday, November 12th. Royal Bank of Canada set a €14.00 ($16.28) price objective on Deutsche Lufthansa and gave the stock a neutral rating in a research report on Thursday, November 7th. Finally, Berenberg Bank set a €15.50 ($18.02) price objective on Deutsche Lufthansa and gave the stock a neutral rating in a research report on Thursday, November 7th. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the company. Deutsche Lufthansa presently has an average rating of Hold and a consensus target price of €17.34 ($20.16).
Shares of LHA stock opened at €16.72 ($19.44) on Tuesday. Deutsche Lufthansa has a 12-month low of €12.58 ($14.63) and a 12-month high of €23.66 ($27.51). The company has a quick ratio of 0.56, a current ratio of 0.68 and a debt-to-equity ratio of 107.04. The firm has a fifty day moving average of €16.54 and a 200-day moving average of €15.58. The company has a market capitalization of $7.99 billion and a price-to-earnings ratio of 5.75.
Deutsche Lufthansa AG operates as an aviation company in Germany and internationally. The company operates through Network Airlines, Eurowings, and Aviation Services. The Network Airlines segment offers passenger services through a route network of 287 destinations in 86 countries. The Eurowings segment provides passenger services through a route network of 197 destinations in 62 countries.
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