Deutsche Lufthansa (ETR:LHA) has been assigned a €25.00 ($29.07) target price by equities research analysts at Sanford C. Bernstein in a research note issued to investors on Wednesday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Sanford C. Bernstein’s price target points to a potential upside of 41.12% from the company’s previous close.
Other equities research analysts also recently issued research reports about the company. UBS Group set a €28.50 ($33.14) price objective on Deutsche Lufthansa and gave the company a “buy” rating in a report on Tuesday, February 12th. Royal Bank of Canada set a €25.00 ($29.07) price objective on Deutsche Lufthansa and gave the company a “buy” rating in a report on Wednesday, March 20th. Kepler Capital Markets set a €24.70 ($28.72) price objective on Deutsche Lufthansa and gave the company a “buy” rating in a report on Monday, March 11th. Citigroup set a €30.00 ($34.88) price objective on Deutsche Lufthansa and gave the company a “buy” rating in a report on Thursday, March 7th. Finally, Credit Suisse Group set a €25.22 ($29.33) price objective on Deutsche Lufthansa and gave the company a “buy” rating in a report on Friday, March 15th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of €24.16 ($28.09).
Shares of ETR LHA traded up €0.06 ($0.07) during trading hours on Wednesday, hitting €17.72 ($20.60). The company had a trading volume of 1,575,671 shares, compared to its average volume of 3,430,000. The company has a market cap of $8.35 billion and a PE ratio of 4.51. The company has a current ratio of 0.64, a quick ratio of 0.54 and a debt-to-equity ratio of 93.69. Deutsche Lufthansa has a 1-year low of €16.83 ($19.56) and a 1-year high of €24.45 ($28.43).
Deutsche Lufthansa Company Profile
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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