Deutsche Lufthansa AG (LHA) Given a €8.50 Price Target by Credit Suisse Group AG Analysts
Credit Suisse Group AG set a €8.50 ($9.44) price objective on Deutsche Lufthansa AG (ETR:LHA) in a research note issued to investors on Thursday. The brokerage currently has a a sell rating on the stock.
A number of other research firms also recently commented on LHA. Jefferies Group set a €13.50 ($15.00) target price on Deutsche Lufthansa AG and gave the company a neutral rating in a research report on Thursday, July 7th. HSBC set a €7.50 ($8.33) price objective on Deutsche Lufthansa AG and gave the company a sell rating in a report on Thursday, July 7th. Independent Research GmbH set a €14.00 ($15.56) price objective on Deutsche Lufthansa AG and gave the company a buy rating in a report on Tuesday, July 5th. Commerzbank AG set a €16.00 ($17.78) price objective on Deutsche Lufthansa AG and gave the company a neutral rating in a report on Monday, July 4th. Finally, equinet AG set a €20.00 ($22.22) price objective on Deutsche Lufthansa AG and gave the company a buy rating in a report on Friday, July 1st. Twelve research analysts have rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of €11.76 ($13.07).
Deutsche Lufthansa AG (ETR:LHA) opened at 10.368 on Thursday. The stock has a market cap of €4.82 billion and a price-to-earnings ratio of 4.105. The firm has a 50-day moving average price of €10.63 and a 200-day moving average price of €12.12. Deutsche Lufthansa AG has a 12 month low of €9.90 and a 12 month high of €15.40.
About Deutsche Lufthansa AG
Deutsche Lufthansa AG is an aviation company. The Company’s segments include Passenger Airline Group; Logistics; maintenance, repair and overhaul services (MRO), Catering and Other. The Company’s fleet consists of approximately 600 aircrafts. The Company’s Passenger Airline Group segment includes the airlines Lufthansa Passenger Airlines (including Germanwings and Eurowings), SWISS and Austrian Airlines.
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