Deutsche Lufthansa (ETR:LHA) received a €21.50 ($25.00) price objective from stock analysts at Berenberg Bank in a research note issued to investors on Wednesday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Berenberg Bank’s price objective would indicate a potential upside of 14.06% from the company’s previous close.
Other equities analysts have also issued reports about the stock. Morgan Stanley set a €24.00 ($27.91) price objective on shares of Deutsche Lufthansa and gave the company a “buy” rating in a report on Tuesday, April 9th. UBS Group set a €26.50 ($30.81) price objective on shares of Deutsche Lufthansa and gave the company a “buy” rating in a report on Tuesday, April 30th. DZ Bank restated a “neutral” rating on shares of Deutsche Lufthansa in a research note on Tuesday, April 30th. Nord/LB set a €26.00 ($30.23) target price on shares of Deutsche Lufthansa and gave the company a “buy” rating in a research note on Tuesday, April 30th. Finally, Kepler Capital Markets set a €22.00 ($25.58) target price on shares of Deutsche Lufthansa and gave the company a “neutral” rating in a research note on Monday. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of €24.73 ($28.76).
Shares of LHA stock opened at €18.85 ($21.92) on Wednesday. The company has a market cap of $8.88 billion and a P/E ratio of 4.80. The company has a debt-to-equity ratio of 93.69, a quick ratio of 0.54 and a current ratio of 0.64. Deutsche Lufthansa has a 52-week low of €17.05 ($19.82) and a 52-week high of €25.54 ($29.70).
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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