Credit Suisse Group AG Analysts Give Deutsche Lufthansa AG (LHA) a €8.50 Price Target
Deutsche Lufthansa AG (ETR:LHA) has been assigned a €8.50 ($9.44) price objective by research analysts at Credit Suisse Group AG in a research report issued on Monday. The brokerage presently has a a “sell” rating on the stock.
Other equities analysts also recently issued research reports about the stock. equinet AG set a €20.00 ($22.22) price target on shares of Deutsche Lufthansa AG and gave the stock a “buy” rating in a report on Wednesday, July 13th. Citigroup Inc. set a €17.00 ($18.89) price objective on shares of Deutsche Lufthansa AG and gave the stock a “buy” rating in a research note on Tuesday, June 14th. Independent Research GmbH set a €14.00 ($15.56) price objective on shares of Deutsche Lufthansa AG and gave the stock a “buy” rating in a research note on Tuesday, July 5th. Nord/LB set a €14.00 ($15.56) price objective on shares of Deutsche Lufthansa AG and gave the stock a “buy” rating in a research note on Thursday, September 29th. Finally, Commerzbank AG set a €16.00 ($17.78) price objective on shares of Deutsche Lufthansa AG and gave the stock a “neutral” rating in a research note on Monday, July 4th. Twelve research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of €11.36 ($12.62).
Shares of Deutsche Lufthansa AG (ETR:LHA) opened at 9.30 on Monday. The company has a market cap of €4.32 billion and a PE ratio of 3.68. Deutsche Lufthansa AG has a 12 month low of €9.14 and a 12 month high of €15.40. The company has a 50-day moving average of €10.40 and a 200 day moving average of €11.74.
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About Deutsche Lufthansa AG
Deutsche Lufthansa AG is an aviation company. The Company’s segments include Passenger Airline Group; Logistics; maintenance, repair and overhaul services (MRO), Catering and Other. The Company’s fleet consists of approximately 600 aircrafts. The Company’s Passenger Airline Group segment includes the airlines Lufthansa Passenger Airlines (including Germanwings and Eurowings), SWISS and Austrian Airlines.
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