Deutsche Lufthansa AG (LHA) Given a €24.00 Price Target at Societe Generale
Deutsche Lufthansa AG (ETR:LHA) received a €24.00 ($28.57) target price from investment analysts at Societe Generale in a research report issued on Monday. The firm currently has a “buy” rating on the stock.
A number of other research firms also recently issued reports on LHA. J P Morgan Chase & Co set a €15.50 ($18.45) price objective on shares of Deutsche Lufthansa AG and gave the company a “sell” rating in a report on Monday, June 19th. Commerzbank Ag set a €21.00 ($25.00) target price 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 ($18.33) target price 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 ($20.95) target price on shares of Deutsche Lufthansa AG and gave the stock a “sell” rating in a report on Tuesday, August 1st. Finally, DZ Bank AG restated a “buy” rating on shares of Deutsche Lufthansa AG in a report on Tuesday, July 18th. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of €19.92 ($23.71).
Deutsche Lufthansa AG (ETR:LHA) opened at 22.879 on Monday. The firm has a market cap of €10.72 billion and a price-to-earnings ratio of 5.302. Deutsche Lufthansa AG has a 52 week low of €9.14 and a 52 week high of €23.15. The stock’s 50 day moving average is €20.85 and its 200 day moving average is €18.03.
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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