Deutsche Lufthansa (ETR:LHA) received a €17.00 ($19.77) price objective from Berenberg Bank in a note issued to investors on Monday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Berenberg Bank’s price target indicates a potential upside of 13.75% from the stock’s previous close.
Several other research analysts have also weighed in on LHA. Goldman Sachs Group set a €14.80 ($17.21) target price on Deutsche Lufthansa and gave the stock a “sell” rating in a research report on Wednesday, November 20th. Nord/LB set a €16.50 ($19.19) price target on Deutsche Lufthansa and gave the stock a “neutral” rating in a research report on Tuesday, November 12th. UBS Group set a €18.00 ($20.93) price target on Deutsche Lufthansa and gave the stock a “buy” rating in a research report on Thursday, January 9th. Deutsche Bank set a €18.00 ($20.93) price target on Deutsche Lufthansa and gave the stock a “neutral” rating in a research report on Thursday, December 12th. Finally, Kepler Capital Markets set a €14.30 ($16.63) price target on Deutsche Lufthansa and gave the stock a “sell” rating in a research report on Monday, January 13th. Five analysts have rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the stock. Deutsche Lufthansa has an average rating of “Hold” and an average target price of €17.55 ($20.41).
LHA stock traded down €0.30 ($0.35) during mid-day trading on Monday, hitting €14.95 ($17.38). The stock had a trading volume of 6,019,287 shares, compared to its average volume of 3,430,000. The company has a current ratio of 0.68, a quick ratio of 0.56 and a debt-to-equity ratio of 107.04. Deutsche Lufthansa has a 1-year low of €12.58 ($14.63) and a 1-year high of €23.66 ($27.51). The company has a fifty day moving average of €16.38 and a 200 day moving average of €15.38. The stock has a market capitalization of $7.29 billion and a price-to-earnings ratio of 5.14.
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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