Deutsche Lufthansa (ETR:LHA) has been given a €3.91 ($4.60) price objective by stock analysts at Credit Suisse Group in a research note issued to investors on Tuesday, Borsen Zeitung reports. Credit Suisse Group’s price objective would suggest a potential downside of 54.87% from the company’s current price.
Several other analysts have also recently commented on LHA. Kepler Capital Markets set a €10.00 ($11.76) target price on Deutsche Lufthansa and gave the stock a “neutral” rating in a research report on Tuesday, June 15th. Sanford C. Bernstein set a €11.00 ($12.94) target price on Deutsche Lufthansa in a research report on Wednesday, September 15th. UBS Group set a €5.90 ($6.94) target price on Deutsche Lufthansa in a research report on Thursday, August 5th. DZ Bank reaffirmed a “neutral” rating on shares of Deutsche Lufthansa in a research report on Tuesday, June 15th. Finally, The Goldman Sachs Group set a €8.10 ($9.53) target price on Deutsche Lufthansa in a research report on Monday. Ten research analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Sell” and a consensus price target of €7.38 ($8.68).
Shares of Deutsche Lufthansa stock opened at €8.66 ($10.19) on Tuesday. The stock has a market cap of $5.18 billion and a PE ratio of -1.05. The business has a fifty day simple moving average of €9.02 and a 200-day simple moving average of €10.16. The company has a quick ratio of 0.70, a current ratio of 0.79 and a debt-to-equity ratio of 495.10. Deutsche Lufthansa has a 12 month low of €6.85 ($8.06) and a 12 month high of €12.96 ($15.25).
Deutsche Lufthansa AG operates as an aviation company in Germany and internationally. The company's Network Airlines segment offers passenger services through a route network of 273 destinations in 86 countries. Its Eurowings segment provides passenger services through a route network of more than 210 destinations in 60 countries.
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