Deutsche Lufthansa (ETR:LHA) received a €29.00 ($33.72) price objective from research analysts at Sanford C. Bernstein in a research note issued to investors on Wednesday. The firm currently has a “buy” rating on the stock. Sanford C. Bernstein’s price target would suggest a potential upside of 53.28% from the company’s current price.
Other equities research analysts have also issued research reports about the company. Royal Bank of Canada set a €36.00 ($41.86) price objective on Deutsche Lufthansa and gave the company a “buy” rating in a research note on Friday, July 20th. Commerzbank set a €32.00 ($37.21) price objective on Deutsche Lufthansa and gave the company a “buy” rating in a research note on Friday, July 20th. HSBC set a €31.00 ($36.05) price objective on Deutsche Lufthansa and gave the company a “buy” rating in a research note on Wednesday, July 18th. Credit Suisse Group set a €27.12 ($31.53) target price on Deutsche Lufthansa and gave the stock a “buy” rating in a research report on Tuesday, July 17th. Finally, UBS Group set a €31.00 ($36.05) target price on Deutsche Lufthansa and gave the stock a “buy” rating in a research report on Thursday, July 12th. Six analysts have rated the stock with a sell rating, four have issued a hold rating and thirteen have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of €27.62 ($32.12).
ETR LHA traded down €0.03 ($0.03) during mid-day trading on Wednesday, reaching €18.92 ($22.00). 3,765,550 shares of the company’s stock traded hands, compared to its average volume of 3,430,000. Deutsche Lufthansa has a 1-year low of €14.23 ($16.55) and a 1-year high of €31.26 ($36.35).
About Deutsche Lufthansa
Deutsche Lufthansa AG operates as an aviation company in Germany and internationally. It operates through Network Airlines, Point-to-Point Airlines, Logistics, MRO, Catering segments. The Network Airlines segment offers passenger services through a route network of 263 destinations in 86 countries. The Point-to-Point Airlines segment provides passenger services through a route network of 192 destinations in 62 countries.
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