Deutsche Lufthansa (ETR:LHA) received a €32.55 ($40.19) price objective from Credit Suisse Group in a research report issued to clients and investors on Friday, March 16th. The brokerage currently has a “buy” rating on the stock. Credit Suisse Group’s price target would suggest a potential upside of 23.53% from the stock’s current price.
Several other analysts have also commented on the stock. HSBC set a €35.00 ($43.21) price target on shares of Deutsche Lufthansa and gave the company a “buy” rating in a research report on Thursday, February 8th. Deutsche Bank set a €36.20 ($44.69) price objective on shares of Deutsche Lufthansa and gave the company a “buy” rating in a research report on Wednesday, February 21st. Sanford C. Bernstein set a €33.00 ($40.74) price objective on shares of Deutsche Lufthansa and gave the company a “buy” rating in a research report on Monday, January 15th. JPMorgan Chase set a €28.50 ($35.19) price objective on shares of Deutsche Lufthansa and gave the company a “sell” rating in a research report on Wednesday, January 24th. Finally, Oddo Bhf set a €32.50 ($40.12) price objective on shares of Deutsche Lufthansa and gave the company a “neutral” rating in a research report on Tuesday, February 13th. Four analysts have rated the stock with a sell rating, five have given a hold rating and twelve have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of €30.48 ($37.63).
Shares of LHA stock traded up €0.52 ($0.64) during mid-day trading on Friday, hitting €26.35 ($32.53). 4,328,015 shares of the stock traded hands, compared to its average volume of 3,430,000. Deutsche Lufthansa has a 52-week low of €14.23 ($17.57) and a 52-week high of €31.26 ($38.59).
WARNING: “Deutsche Lufthansa (LHA) PT Set at €32.55 by Credit Suisse Group” was first reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this article on another website, it was copied illegally and reposted in violation of international copyright legislation. The original version of this article can be read at https://www.dispatchtribunal.com/2018/04/07/deutsche-lufthansa-lha-given-a-32-55-price-target-at-credit-suisse-group.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.