Deutsche Lufthansa (ETR:LHA) Given a €16.60 Price Target by Deutsche Bank Analysts

Deutsche Lufthansa (ETR:LHA) has been assigned a €16.60 ($19.30) price target by equities research analysts at Deutsche Bank in a note issued to investors on Friday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. Deutsche Bank’s price target indicates a potential downside of 2.84% from the stock’s current price.

Several other equities research analysts have also issued reports on the company. Sanford C. Bernstein set a €20.00 ($23.26) price target on Deutsche Lufthansa and gave the company a “buy” rating in a report on Thursday. Morgan Stanley set a €12.00 ($13.95) price target on Deutsche Lufthansa and gave the company a “sell” rating in a report on Thursday, September 19th. Independent Research set a €15.60 ($18.14) price target on Deutsche Lufthansa and gave the company a “neutral” rating in a report on Tuesday, July 30th. Royal Bank of Canada set a €14.00 ($16.28) price target on Deutsche Lufthansa and gave the company a “neutral” rating in a report on Thursday. Finally, Nord/LB set a €15.00 ($17.44) price target on Deutsche Lufthansa and gave the company a “neutral” rating in a report on Tuesday, September 24th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of €17.07 ($19.85).

Shares of Deutsche Lufthansa stock opened at €17.09 ($19.87) on Friday. The firm has a market cap of $8.25 billion and a price-to-earnings ratio of 6.08. The company has a debt-to-equity ratio of 104.86, a current ratio of 0.64 and a quick ratio of 0.55. Deutsche Lufthansa has a 52-week low of €12.58 ($14.63) and a 52-week high of €23.66 ($27.51). The stock has a 50-day simple moving average of €15.01 and a 200-day simple moving average of €16.11.

About Deutsche Lufthansa

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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Analyst Recommendations for Deutsche Lufthansa (ETR:LHA)

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