Nord/LB Reiterates “€7.00” Price Target for Deutsche Lufthansa (ETR:LHA)

Nord/LB set a €7.00 ($8.14) price objective on Deutsche Lufthansa (ETR:LHA) in a research report sent to investors on Monday, Borsen Zeitung reports. The firm currently has a sell rating on the stock.

Several other equities research analysts have also recently weighed in on the stock. Deutsche Bank set a €18.00 ($20.93) target price on shares of Deutsche Lufthansa and gave the company a neutral rating in a research note on Friday, March 20th. DZ Bank reiterated a neutral rating on shares of Deutsche Lufthansa in a research note on Wednesday, March 18th. Morgan Stanley reiterated a sell rating on shares of Deutsche Lufthansa in a research note on Monday, March 16th. Sanford C. Bernstein set a €13.60 ($15.81) target price on shares of Deutsche Lufthansa and gave the company a buy rating in a research note on Monday, March 16th. Finally, Barclays set a €12.70 ($14.77) target price on shares of Deutsche Lufthansa and gave the company a sell rating in a research note on Wednesday, January 22nd. Six research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of €13.67 ($15.89).

ETR LHA opened at €9.58 ($11.14) on Monday. The company has a debt-to-equity ratio of 107.04, a quick ratio of 0.56 and a current ratio of 0.68. The firm has a 50-day simple moving average of €12.26 and a 200 day simple moving average of €14.81. Deutsche Lufthansa has a twelve month low of €8.87 ($10.31) and a twelve month high of €22.70 ($26.40). The stock has a market cap of $4.64 billion and a PE ratio of 3.29.

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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Analyst Recommendations for Deutsche Lufthansa (ETR:LHA)

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