Deutsche Lufthansa AG (LHA) Receives €24.73 Average Price Target from Analysts
Shares of Deutsche Lufthansa AG (ETR:LHA) have earned a consensus rating of “Buy” from the twenty research firms that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and twelve have issued a buy rating on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is €24.73 ($28.76).
Several research analysts have issued reports on the company. Sanford C. Bernstein set a €25.00 ($29.07) price target on Deutsche Lufthansa and gave the stock a “buy” rating in a report on Wednesday, May 15th. HSBC set a €25.50 ($29.65) price target on Deutsche Lufthansa and gave the stock a “buy” rating in a report on Wednesday, May 8th. Berenberg Bank set a €21.50 ($25.00) price target on Deutsche Lufthansa and gave the stock a “neutral” rating in a report on Wednesday, May 8th. Barclays set a €18.70 ($21.74) price target on Deutsche Lufthansa and gave the stock a “sell” rating in a report on Tuesday, May 7th. Finally, Kepler Capital Markets set a €22.00 ($25.58) price target on Deutsche Lufthansa and gave the stock a “neutral” rating in a report on Monday, May 6th.
ETR:LHA traded down €0.04 ($0.05) on Thursday, hitting €17.90 ($20.81). The stock had a trading volume of 3,923,957 shares, compared to its average volume of 3,430,000. The firm has a market cap of $8.43 billion and a P/E ratio of 4.56. The company has a debt-to-equity ratio of 93.69, a quick ratio of 0.54 and a current ratio of 0.64. Deutsche Lufthansa has a 52 week low of €17.05 ($19.82) and a 52 week high of €25.23 ($29.34).
Deutsche Lufthansa AG operates as an aviation company in Germany and internationally. The company operates through Network Airlines, Eurowings, and Aviation Services. The Network Airlines segment offers passenger services through a route network of 287 destinations in 86 countries. The Eurowings segment provides passenger services through a route network of 197 destinations in 62 countries.
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