HSBC Analysts Give Deutsche Lufthansa AG (LHA) a €7.50 Price Target
Deutsche Lufthansa AG (ETR:LHA) has been assigned a €7.50 ($8.33) price objective by investment analysts at HSBC in a report issued on Monday. The firm presently has a a “sell” rating on the stock.
A number of other brokerages have also recently weighed in on LHA. Bankhaus Lampe set a €10.20 ($11.33) target price on Deutsche Lufthansa AG and gave the company a “neutral” rating in a report on Friday, July 29th. Societe Generale set a €11.00 ($12.22) price objective on Deutsche Lufthansa AG and gave the stock a “neutral” rating in a research note on Friday, July 8th. S&P Global Inc. set a €9.00 ($10.00) price objective on Deutsche Lufthansa AG and gave the stock a “sell” rating in a research note on Wednesday, August 3rd. Commerzbank AG set a €9.00 ($10.00) price objective on Deutsche Lufthansa AG and gave the stock a “sell” rating in a research note on Wednesday, August 31st. Finally, Goldman Sachs Group Inc. set a €10.00 ($11.11) price objective on Deutsche Lufthansa AG and gave the stock a “sell” rating in a research note on Wednesday, September 28th. Twelve analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of €11.36 ($12.62).
Shares of Deutsche Lufthansa AG (ETR:LHA) opened at 9.284 on Monday. The firm has a market capitalization of €4.32 billion and a PE ratio of 3.675. 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 price of €10.40 and a 200-day moving average price 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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