Deutsche Lufthansa (ETR:LHA) received a €9.90 ($11.65) price objective from analysts at Independent Research in a research note issued on Monday, Borsen Zeitung reports. The firm currently has a “sell” rating on the stock. Independent Research’s target price suggests a potential downside of 10.00% from the company’s current price.
LHA has been the subject of several other reports. Deutsche Bank Aktiengesellschaft set a €8.50 ($10.00) target price on Deutsche Lufthansa and gave the company a “sell” rating in a report on Friday, April 30th. Nord/LB set a €10.00 ($11.76) price target on shares of Deutsche Lufthansa and gave the company a “neutral” rating in a report on Thursday, April 29th. Kepler Capital Markets set a €10.00 ($11.76) price objective on shares of Deutsche Lufthansa and gave the stock a “neutral” rating in a report on Friday, April 23rd. Barclays set a €7.00 ($8.24) target price on shares of Deutsche Lufthansa and gave the company a “sell” rating in a research note on Friday, April 30th. Finally, Berenberg Bank set a €7.00 ($8.24) price target on Deutsche Lufthansa and gave the company a “sell” rating in a report on Friday, April 30th. Ten research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. The company has a consensus rating of “Sell” and a consensus target price of €7.38 ($8.68).
Deutsche Lufthansa stock opened at €11.00 ($12.94) on Monday. The company has a debt-to-equity ratio of 1,109.01, a quick ratio of 0.59 and a current ratio of 0.69. Deutsche Lufthansa has a 1 year low of €6.85 ($8.06) and a 1 year high of €12.96 ($15.25). The firm’s 50-day moving average is €10.99 and its 200-day moving average is €10.28. The company has a market cap of $6.58 billion and a P/E ratio of -0.88.
Deutsche Lufthansa Company Profile
Deutsche Lufthansa AG operates as an aviation company in Germany and internationally. The company's Network Airlines segment offers passenger services through a route network of 273 destinations in 86 countries. Its Eurowings segment provides passenger services through a route network of more than 210 destinations in 60 countries.
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