Credit Suisse Group Analysts Give Deutsche Lufthansa AG (LHA) a €24.00 Price Target
Deutsche Lufthansa AG (ETR:LHA) has been assigned a €24.00 ($28.24) price objective by Credit Suisse Group in a report issued on Tuesday. The firm currently has a “neutral” rating on the stock.
A number of other brokerages have also commented on LHA. Commerzbank Ag set a €21.00 ($24.71) price objective on shares of Deutsche Lufthansa AG and gave the stock a “neutral” rating in a report on Thursday, August 10th. Sanford C. Bernstein set a €15.40 ($18.12) price objective on shares of Deutsche Lufthansa AG and gave the stock a “sell” rating in a report on Tuesday, July 11th. Morgan Stanley set a €17.60 ($20.71) price objective on shares of Deutsche Lufthansa AG and gave the stock a “sell” rating in a report on Tuesday, August 1st. BNP Paribas set a €31.00 ($36.47) price objective on shares of Deutsche Lufthansa AG and gave the stock a “buy” rating in a report on Monday, October 16th. Finally, Societe Generale set a €24.00 ($28.24) price objective on shares of Deutsche Lufthansa AG and gave the stock a “buy” rating in a report on Monday, September 25th. Four investment analysts have rated the stock with a sell rating, nine have given a hold rating and ten have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of €22.14 ($26.05).
Deutsche Lufthansa AG (ETR LHA) traded up 1.19% during trading on Tuesday, hitting €26.25. 32,467 shares of the stock were exchanged. The firm has a market capitalization of €12.29 billion and a PE ratio of 6.08. Deutsche Lufthansa AG has a 12-month low of €11.05 and a 12-month high of €26.32. The stock has a 50 day moving average price of €23.60 and a 200-day moving average price of €19.61.
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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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