Deutsche Lufthansa (ETR:LHA) has been given a €36.93 ($45.59) price target by Credit Suisse Group in a research note issued on Friday. The brokerage presently has a “buy” rating on the stock. Credit Suisse Group’s price objective suggests a potential upside of 39.99% from the company’s current price.
Several other research analysts have also weighed in on the stock. Barclays set a €23.00 ($28.40) target price on shares of Deutsche Lufthansa and gave the stock a “sell” rating in a research report on Friday. HSBC set a €35.00 ($43.21) target price on shares of Deutsche Lufthansa and gave the stock a “buy” rating in a research report on Thursday. Kepler Capital Markets set a €25.00 ($30.86) target price on shares of Deutsche Lufthansa and gave the stock a “sell” rating in a research report on Thursday. Sanford C. Bernstein set a €33.00 ($40.74) target price on shares of Deutsche Lufthansa and gave the stock a “buy” rating in a research report on Wednesday. Finally, Deutsche Bank set a €36.20 ($44.69) target price on shares of Deutsche Lufthansa and gave the stock a “buy” rating in a research report on Tuesday. Five equities research analysts have rated the stock with a sell rating, five have given a hold rating and eleven have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of €29.22 ($36.08).
Shares of Deutsche Lufthansa (ETR LHA) traded down €0.32 ($0.40) during mid-day trading on Friday, reaching €26.14 ($32.27). 4,450,000 shares of the company were exchanged, compared to its average volume of 3,270,000. Deutsche Lufthansa has a fifty-two week low of €12.28 ($15.16) and a fifty-two week high of €31.26 ($38.59). The company has a market capitalization of $12,320.00 and a price-to-earnings ratio of 6.84.
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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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