Royal Bank of Canada Reaffirms Buy Rating for Deutsche Lufthansa (ETR:LHA)

Deutsche Lufthansa (ETR:LHA)‘s stock had its “buy” rating reiterated by equities research analysts at Royal Bank of Canada in a research report issued to clients and investors on Thursday, March 15th.

Other research analysts have also recently issued reports about the company. Sanford C. Bernstein set a €33.00 ($40.74) price target on Deutsche Lufthansa and gave the company a “buy” rating in a research note on Monday, January 15th. JPMorgan Chase set a €28.50 ($35.19) price target on Deutsche Lufthansa and gave the company a “sell” rating in a research note on Wednesday, January 24th. Barclays set a €23.00 ($28.40) price target on Deutsche Lufthansa and gave the company a “sell” rating in a research note on Friday, February 9th. Deutsche Bank set a €36.20 ($44.69) target price on Deutsche Lufthansa and gave the stock a “buy” rating in a research report on Friday, January 19th. Finally, UBS set a €31.70 ($39.14) target price on Deutsche Lufthansa and gave the stock a “neutral” rating in a research report on Tuesday, January 23rd. Four equities research 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 an average rating of “Hold” and a consensus target price of €30.48 ($37.63).

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Shares of LHA stock traded up €0.52 ($0.64) during trading hours on Thursday, reaching €26.35 ($32.53). The company’s stock had a trading volume of 4,328,015 shares, compared to its average volume of 3,430,000. Deutsche Lufthansa has a fifty-two week low of €14.23 ($17.57) and a fifty-two week high of €31.26 ($38.59).

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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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