Deutsche Lufthansa AG (LHA) Stock Rating Reaffirmed by DZ Bank AG
Deutsche Lufthansa AG (ETR:LHA)‘s stock had its “sell” rating reissued by equities researchers at DZ Bank AG in a report issued on Tuesday.
Several other equities analysts have also issued reports on the stock. Bank of America Corporation set a €9.00 ($10.11) price target on shares of Deutsche Lufthansa AG and gave the company a “sell” rating in a report on Monday, March 27th. Deutsche Bank AG set a €10.10 ($11.35) price target on shares of Deutsche Lufthansa AG and gave the company a “sell” rating in a report on Tuesday, April 11th. Commerzbank Ag set a €14.00 ($15.73) target price on shares of Deutsche Lufthansa AG and gave the stock a “sell” rating in a research note on Wednesday, April 19th. Morgan Stanley set a €12.40 ($13.93) target price on shares of Deutsche Lufthansa AG and gave the stock a “sell” rating in a research note on Monday, May 8th. Finally, HSBC Holdings plc set a €15.00 ($16.85) target price on shares of Deutsche Lufthansa AG and gave the stock a “neutral” rating in a research note on Tuesday, April 18th. Eight research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of €14.69 ($16.51).
Shares of Deutsche Lufthansa AG (LHA) traded up 3.46% during mid-day trading on Tuesday, hitting €18.89. The stock had a trading volume of 37,578 shares. Deutsche Lufthansa AG has a 12-month low of €9.14 and a 12-month high of €19.00. The stock’s 50-day moving average price is €16.86 and its 200-day moving average price is €14.26. The stock has a market capitalization of €8.86 billion and a price-to-earnings ratio of 5.15.
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Deutsche Lufthansa AG Company Profile
Deutsche Lufthansa AG is an aviation company. The Company’s segments include; Logistics; maintenance, repair and overhaul services (MRO), Catering and Other. Its Passenger Airline Group segment includes the airlines Lufthansa Passenger Airlines, SWISS, Austrian Airlines and Eurowings. Lufthansa Cargo is the logistics services provider in the Lufthansa Group.
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