Independent Research set a €32.00 ($38.10) price objective on Deutsche Lufthansa (ETR:LHA) in a research report report published on Wednesday, January 3rd. The brokerage currently has a neutral rating on the stock.
Several other equities analysts have also recently weighed in on LHA. Sanford C. Bernstein set a €33.00 ($39.29) target price on shares of Deutsche Lufthansa and gave the company a buy rating in a research note on Tuesday, December 26th. Nord/LB set a €34.00 ($40.48) price objective on shares of Deutsche Lufthansa and gave the company a buy rating in a research report on Wednesday, December 27th. Goldman Sachs Group set a €20.00 ($23.81) price objective on shares of Deutsche Lufthansa and gave the company a sell rating in a research report on Friday, December 15th. JPMorgan Chase & Co. set a €26.50 ($31.55) target price on shares of Deutsche Lufthansa and gave the stock a sell rating in a report on Monday, December 11th. Finally, Morgan Stanley set a €27.60 ($32.86) target price on shares of Deutsche Lufthansa and gave the stock a neutral rating in a report on Monday, December 4th. Four analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have assigned a buy rating to the company. Deutsche Lufthansa has a consensus rating of Hold and a consensus target price of €28.40 ($33.81).
Shares of Deutsche Lufthansa (ETR LHA) traded up €0.16 ($0.19) during midday trading on Wednesday, hitting €29.63 ($35.27). 3,218,120 shares of the stock were exchanged, compared to its average volume of 3,360,000. The stock has a market capitalization of $13,960.00 and a PE ratio of 7.76. Deutsche Lufthansa has a 1 year low of €11.50 ($13.69) and a 1 year high of €31.26 ($37.21).
COPYRIGHT VIOLATION NOTICE: “Deutsche Lufthansa (LHA) Given a €32.00 Price Target at Independent Research” was originally posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this piece of content on another site, it was illegally copied and republished in violation of US and international trademark and copyright laws. The original version of this piece of content can be viewed at https://www.dispatchtribunal.com/2018/01/12/deutsche-lufthansa-aktiengesellschaft-lha-given-a-32-00-price-target-by-independent-research-analysts.html.
About Deutsche Lufthansa
Deutsche Lufthansa Aktiengesellschaft operates as an aviation company in Germany and internationally. It operates through Passenger Airline Group, Logistics, MRO, and Catering segments. The Passenger Airline Group segment offers passenger services through a route network of 301 destinations in 100 countries.
Receive News & Ratings for Deutsche Lufthansa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche Lufthansa and related companies with MarketBeat.com's FREE daily email newsletter.