Nord/LB Reiterates “€28.00” Price Target for Deutsche Lufthansa AG (LHA)
Deutsche Lufthansa AG (ETR:LHA) has been given a €28.00 ($32.94) target price by Nord/LB in a report released on Friday. The firm presently has a “buy” rating on the stock.
Several other research analysts have also recently issued reports on LHA. UBS AG set a €20.00 ($23.53) price objective on Deutsche Lufthansa AG and gave the stock a “buy” rating in a research report on Wednesday, June 28th. Independent Research GmbH set a €22.00 ($25.88) price objective on Deutsche Lufthansa AG and gave the stock a “neutral” rating in a research report on Friday, August 18th. Royal Bank Of Canada set a €30.00 ($35.29) price objective on Deutsche Lufthansa AG and gave the stock a “buy” rating in a research report on Thursday, August 10th. Sanford C. Bernstein set a €15.40 ($18.12) target price on Deutsche Lufthansa AG and gave the company a “sell” rating in a report on Tuesday, August 15th. Finally, Commerzbank Ag set a €21.00 ($24.71) target price on Deutsche Lufthansa AG and gave the company a “neutral” rating in a report on Wednesday. Four equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of €20.52 ($24.14).
Deutsche Lufthansa AG (LHA) traded down 0.052% during trading on Friday, hitting €25.025. 48,938 shares of the stock traded hands. The firm’s 50-day moving average is €22.63 and its 200-day moving average is €19.07. The stock has a market cap of €11.72 billion and a P/E ratio of 5.800. Deutsche Lufthansa AG has a 12 month low of €9.85 and a 12 month high of €25.50.
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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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