Deutsche Lufthansa AG (LHA) Given Consensus Recommendation of “Hold” by Brokerages
Shares of Deutsche Lufthansa AG (ETR:LHA) have received a consensus recommendation of “Hold” from the twenty-four brokerages that are currently covering the company, MarketBeat reports. Four investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have given a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is €19.79 ($23.56).
LHA has been the subject of a number of recent analyst reports. Goldman Sachs Group, Inc. (The) set a €13.62 ($16.21) price objective on Deutsche Lufthansa AG and gave the company a “sell” rating in a report on Thursday, June 15th. Sanford C. Bernstein set a €15.40 ($18.33) price objective on Deutsche Lufthansa AG and gave the company a “sell” rating in a report on Tuesday, August 29th. UBS AG reiterated a “neutral” rating on shares of Deutsche Lufthansa AG in a report on Monday, September 11th. Commerzbank Ag set a €21.00 ($25.00) price objective on Deutsche Lufthansa AG and gave the company a “neutral” rating in a report on Wednesday, August 16th. Finally, Deutsche Bank AG set a €19.70 ($23.45) price objective on Deutsche Lufthansa AG and gave the company a “neutral” rating in a report on Friday, September 8th.
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Deutsche Lufthansa AG (ETR:LHA) opened at 22.879 on Friday. The firm has a market cap of €10.72 billion and a price-to-earnings ratio of 5.302. The company has a 50 day moving average price of €20.85 and a 200-day moving average price of €18.03. Deutsche Lufthansa AG has a 52-week low of €9.14 and a 52-week high of €23.15.
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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