Brokerages Set Deutsche Lufthansa AG (LHA) Price Target at $29.38

Shares of Deutsche Lufthansa AG (ETR:LHA) have been given a consensus rating of “Hold” by the twenty-two brokerages that are covering the firm, MarketBeat.com reports. Five equities research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and eleven have issued a buy recommendation on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is €29.38 ($36.27).

A number of equities research analysts have recently issued reports on LHA shares. Sanford C. Bernstein set a €33.00 ($40.74) target price on shares of Deutsche Lufthansa and gave the stock a “buy” rating in a report on Thursday, November 2nd. Commerzbank set a €32.00 ($39.51) target price on shares of Deutsche Lufthansa and gave the stock a “buy” rating in a report on Monday, October 30th. Royal Bank of Canada set a €33.00 ($40.74) target price on shares of Deutsche Lufthansa and gave the stock a “buy” rating in a report on Thursday, October 26th. set a €32.00 ($39.51) target price on shares of Deutsche Lufthansa and gave the stock a “buy” rating in a report on Thursday, October 26th. Finally, Societe Generale set a €33.00 ($40.74) target price on shares of Deutsche Lufthansa and gave the stock a “buy” rating in a report on Monday, November 20th.

Deutsche Lufthansa (ETR:LHA) traded down €0.59 ($0.73) during trading on Tuesday, hitting €27.13 ($33.49). 2,960,288 shares of the stock were exchanged, compared to its average volume of 3,130,000. Deutsche Lufthansa has a fifty-two week low of €13.55 ($16.73) and a fifty-two week high of €31.26 ($38.59). The stock has a market capitalization of $12,790.00 and a price-to-earnings ratio of 7.10.

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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.

Analyst Recommendations for Deutsche Lufthansa (ETR:LHA)

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