Deutsche Lufthansa AG (LHA) Given a €7.50 Price Target by HSBC Analysts
Deutsche Lufthansa AG (ETR:LHA) received a €7.50 ($8.33) price target from stock analysts at HSBC in a note issued to investors on Monday. The firm currently has a a “sell” rating on the stock.
Other analysts have also recently issued reports about the stock. Citigroup Inc. set a €17.00 ($18.89) price objective on shares of Deutsche Lufthansa AG and gave the company a “buy” rating in a research note on Tuesday, June 14th. equinet AG set a €20.00 ($22.22) target price on shares of Deutsche Lufthansa AG and gave the company a “buy” rating in a report on Friday, July 1st. Independent Research GmbH set a €14.00 ($15.56) target price on shares of Deutsche Lufthansa AG and gave the company a “buy” rating in a report on Tuesday, July 5th. Nord/LB set a €14.00 ($15.56) target price on shares of Deutsche Lufthansa AG and gave the company a “buy” rating in a report on Thursday, September 29th. Finally, Jefferies Group set a €13.50 ($15.00) target price on shares of Deutsche Lufthansa AG and gave the company a “neutral” rating in a report on Thursday, July 7th. Twelve equities research analysts have rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of €11.36 ($12.62).
Deutsche Lufthansa AG (ETR:LHA) opened at 9.299 on Monday. The firm’s 50 day moving average price is €10.40 and its 200 day moving average price is €11.74. Deutsche Lufthansa AG has a one year low of €9.14 and a one year high of €15.40. The stock has a market cap of €4.32 billion and a price-to-earnings ratio of 3.681.
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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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