HSBC Analysts Give Deutsche Lufthansa (LHA) a €23.00 Price Target

Deutsche Lufthansa (ETR:LHA) received a €23.00 ($26.74) price target from equities researchers at HSBC in a report released on Wednesday. The brokerage currently has a “buy” rating on the stock. HSBC’s target price would indicate a potential upside of 16.60% from the company’s current price.

A number of other equities analysts also recently weighed in on LHA. Sanford C. Bernstein set a €29.00 ($33.72) target price on shares of Deutsche Lufthansa and gave the stock a “buy” rating in a research note on Wednesday, July 4th. Commerzbank set a €32.00 ($37.21) target price on shares of Deutsche Lufthansa and gave the stock a “buy” rating in a research note on Wednesday, July 11th. UBS Group set a €31.00 ($36.05) target price on shares of Deutsche Lufthansa and gave the stock a “buy” rating in a research note on Thursday, July 12th. Credit Suisse Group set a €27.12 ($31.53) target price on shares of Deutsche Lufthansa and gave the stock a “buy” rating in a research note on Tuesday, July 17th. Finally, Royal Bank of Canada set a €36.00 ($41.86) target price on shares of Deutsche Lufthansa and gave the stock a “buy” rating in a research note on Friday, July 20th. Six equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and eleven have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of €24.92 ($28.97).

Shares of ETR LHA opened at €19.73 ($22.94) on Wednesday. Deutsche Lufthansa has a twelve month low of €14.23 ($16.55) and a twelve month high of €31.26 ($36.35).

About Deutsche Lufthansa

Deutsche Lufthansa AG operates as an aviation company in Germany and internationally. It operates through Network Airlines, Point-to-Point Airlines, Logistics, MRO, Catering segments. The Network Airlines segment offers passenger services through a route network of 263 destinations in 86 countries. The Point-to-Point Airlines segment provides passenger services through a route network of 192 destinations in 62 countries.

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Analyst Recommendations for Deutsche Lufthansa (ETR:LHA)

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