Deutsche Lufthansa (ETR:LHA) has been given a €29.00 ($33.72) price target by Sanford C. Bernstein in a research note issued to investors on Tuesday. The firm currently has a “buy” rating on the stock. Sanford C. Bernstein’s target price would suggest a potential upside of 31.52% from the stock’s previous close.
A number of other research firms have also issued reports on LHA. DZ Bank reiterated a “neutral” rating on shares of Deutsche Lufthansa in a research note on Tuesday, July 31st. HSBC set a €30.00 ($34.88) price objective on Deutsche Lufthansa and gave the company a “buy” rating in a research note on Wednesday, August 1st. Nord/LB set a €31.00 ($36.05) target price on Deutsche Lufthansa and gave the stock a “buy” rating in a research note on Tuesday, July 31st. Independent Research set a €27.00 ($31.40) target price on Deutsche Lufthansa and gave the stock a “buy” rating in a research note on Tuesday, July 31st. Finally, Commerzbank set a €32.00 ($37.21) target price on Deutsche Lufthansa and gave the stock a “buy” rating in a research note on Monday, June 4th. Four equities research analysts have rated the stock with a sell rating, five have issued a hold rating and thirteen have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of €28.51 ($33.16).
Shares of ETR:LHA traded down €0.27 ($0.31) during midday trading on Tuesday, reaching €22.05 ($25.64). 1,193,546 shares of the company traded hands, compared to its average volume of 3,430,000. Deutsche Lufthansa has a 12 month low of €14.23 ($16.55) and a 12 month high of €31.26 ($36.35).
Deutsche Lufthansa Company Profile
Deutsche Lufthansa AG operates as an aviation company in Germany and internationally. It operates through Network Airlines, Point-to-Point Airlines, Logistics, MRO, Catering segments. The Network Airlines segment offers passenger services through a route network of 263 destinations in 86 countries. The Point-to-Point Airlines segment provides passenger services through a route network of 192 destinations in 62 countries.
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