Deutsche Lufthansa (ETR:LHA) Given a €18.00 Price Target at Berenberg Bank

Berenberg Bank set a €18.00 ($20.93) price target on Deutsche Lufthansa (ETR:LHA) in a research report sent to investors on Tuesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Several other brokerages have also recently weighed in on LHA. Morgan Stanley set a €16.00 ($18.60) price target on shares of Deutsche Lufthansa and gave the stock a sell rating in a research note on Tuesday, January 14th. Goldman Sachs Group set a €13.90 ($16.16) price objective on Deutsche Lufthansa and gave the stock a sell rating in a research note on Tuesday, January 28th. Credit Suisse Group set a €20.25 ($23.55) target price on Deutsche Lufthansa and gave the stock a buy rating in a report on Tuesday, January 7th. HSBC set a €20.00 ($23.26) target price on Deutsche Lufthansa and gave the company a buy rating in a research report on Friday, November 29th. Finally, UBS Group set a €18.00 ($20.93) price target on Deutsche Lufthansa and gave the company a buy rating in a report on Friday, February 14th. Five analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the company’s stock. Deutsche Lufthansa presently has an average rating of Hold and a consensus target price of €17.04 ($19.81).

Shares of LHA stock opened at €11.69 ($13.59) on Tuesday. 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 12 month low of €12.33 ($14.34) and a 12 month high of €23.16 ($26.93). The stock has a market cap of $5.59 billion and a P/E ratio of 4.02. The company has a 50 day simple moving average of €14.63 and a two-hundred day simple moving average of €15.27.

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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