Goldman Sachs Group, Inc. (The) Reiterates €13.62 Price Target for Deutsche Lufthansa AG (ETR:LHA)
Deutsche Lufthansa AG (ETR:LHA) has been assigned a €13.62 ($15.66) price objective by Goldman Sachs Group, Inc. (The) in a research note issued to investors on Wednesday. The brokerage currently has a “sell” rating on the stock.
LHA has been the subject of several other reports. J P Morgan Chase & Co set a €15.50 ($17.82) price target on Deutsche Lufthansa AG and gave the company a “sell” rating in a research report on Monday, June 19th. Sanford C. Bernstein set a €15.40 ($17.70) price objective on Deutsche Lufthansa AG and gave the company a “sell” rating in a research report on Tuesday, July 11th. DZ Bank AG restated a “buy” rating on shares of Deutsche Lufthansa AG in a research report on Tuesday. Deutsche Bank AG set a €14.90 ($17.13) price objective on Deutsche Lufthansa AG and gave the company a “sell” rating in a research report on Wednesday, July 5th. Finally, Commerzbank Ag set a €14.00 ($16.09) price objective on Deutsche Lufthansa AG and gave the company a “sell” rating in a research report on Thursday, April 27th. Eight equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of €17.05 ($19.60).
Shares of Deutsche Lufthansa AG (LHA) traded down 0.99% during mid-day trading on Wednesday, hitting €20.70. 13,567 shares of the stock were exchanged. Deutsche Lufthansa AG has a 12 month low of €9.14 and a 12 month high of €21.50. The stock’s 50 day moving average is €19.14 and its 200 day moving average is €15.57. The firm has a market cap of €9.70 billion and a P/E ratio of 5.64.
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About Deutsche Lufthansa AG
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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