Deutsche Lufthansa AG (LHA) Given a €24.00 Price Target at Societe Generale
Deutsche Lufthansa AG (ETR:LHA) has been given a €24.00 ($28.24) price objective by equities researchers at Societe Generale in a report released on Friday. The firm currently has a “buy” rating on the stock.
A number of other equities analysts have also recently issued reports on the company. UBS AG set a €20.00 ($23.53) target price on Deutsche Lufthansa AG and gave the stock a “buy” rating in a report on Monday, May 8th. Kepler Capital Markets set a €16.70 ($19.65) price target on Deutsche Lufthansa AG and gave the company a “neutral” rating in a research note on Monday, May 29th. Credit Suisse Group set a €18.71 ($22.01) target price on Deutsche Lufthansa AG and gave the company a “neutral” rating in a research report on Tuesday, June 13th. Independent Research GmbH set a €23.00 ($27.06) target price on Deutsche Lufthansa AG and gave the company a “neutral” rating in a research report on Tuesday, July 18th. Finally, Sanford C. Bernstein set a €15.40 ($18.12) target price on Deutsche Lufthansa AG and gave the company a “sell” rating in a research report on Thursday, July 27th. Six equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of €18.94 ($22.29).
Shares of Deutsche Lufthansa AG (ETR:LHA) opened at 20.50 on Friday. The stock has a 50 day moving average price of €19.78 and a 200-day moving average price of €16.63. Deutsche Lufthansa AG has a 52 week low of €9.14 and a 52 week high of €21.50. The firm has a market capitalization of €9.60 billion and a price-to-earnings ratio of 4.75.
About Deutsche Lufthansa AG
Deutsche Lufthansa Aktiengesellschaft operates as an aviation company in Germany and internationally. It operates through Passenger Airline Group, Logistics, MRO, and Catering segments. The Passenger Airline Group segment offers passenger services through a route network of 301 destinations in 100 countries.
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