Deutsche Lufthansa AG (LHA) PT Set at €29.00 by HSBC Holdings plc
Deutsche Lufthansa AG (ETR:LHA) received a €29.00 ($34.12) target price from equities research analysts at HSBC Holdings plc in a report released on Thursday. The brokerage presently has a “buy” rating on the stock.
Several other research analysts have also commented on the stock. UBS AG set a €20.75 ($24.41) price objective on shares of Deutsche Lufthansa AG and gave the stock a “neutral” rating in a research note on Monday, July 10th. Deutsche Bank AG set a €14.90 ($17.53) price objective on shares of Deutsche Lufthansa AG and gave the stock a “sell” rating in a research note on Wednesday, July 5th. DZ Bank AG reiterated a “buy” rating on shares of Deutsche Lufthansa AG in a research note on Friday, September 1st. Nord/LB set a €23.50 ($27.65) price objective on shares of Deutsche Lufthansa AG and gave the stock a “buy” rating in a research note on Tuesday, July 18th. Finally, Sanford C. Bernstein set a €15.40 ($18.12) price objective on shares of Deutsche Lufthansa AG and gave the stock a “sell” rating in a research note on Tuesday, August 29th. Four research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of €20.52 ($24.14).
Deutsche Lufthansa AG (ETR:LHA) opened at 24.99 on Thursday. Deutsche Lufthansa AG has a 52 week low of €9.85 and a 52 week high of €25.50. The firm’s 50 day moving average is €22.74 and its 200-day moving average is €19.11. The company has a market cap of €11.70 billion and a P/E ratio of 5.79.
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Deutsche Lufthansa AG Company Profile
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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