Royal Bank of Canada set a €25.00 ($29.07) price target on Deutsche Lufthansa (ETR:LHA) in a research note issued to investors on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other equities research analysts have also recently issued research reports about the stock. Morgan Stanley set a €24.00 ($27.91) target price on shares of Deutsche Lufthansa and gave the stock a buy rating in a research note on Tuesday, April 9th. UBS Group set a €26.50 ($30.81) price target on Deutsche Lufthansa and gave the stock a buy rating in a report on Tuesday, April 30th. Nord/LB set a €26.00 ($30.23) price target on Deutsche Lufthansa and gave the stock a buy rating in a report on Tuesday, April 30th. DZ Bank reiterated a neutral rating on shares of Deutsche Lufthansa in a report on Tuesday, April 30th. Finally, Kepler Capital Markets set a €22.00 ($25.58) price target on Deutsche Lufthansa and gave the stock a neutral rating in a report on Monday, May 6th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have given a buy rating to the company. The company presently has an average rating of Buy and a consensus target price of €24.16 ($28.09).
Shares of LHA opened at €17.69 ($20.57) on Tuesday. Deutsche Lufthansa has a 52-week low of €16.83 ($19.56) and a 52-week high of €24.45 ($28.43). The company has a debt-to-equity ratio of 93.69, a quick ratio of 0.54 and a current ratio of 0.64. The firm has a market cap of $8.34 billion and a price-to-earnings ratio of 4.50.
Deutsche Lufthansa Company Profile
Deutsche Lufthansa AG operates as an aviation company in Germany and internationally. The company operates through Network Airlines, Eurowings, and Aviation Services. The Network Airlines segment offers passenger services through a route network of 287 destinations in 86 countries. The Eurowings segment provides passenger services through a route network of 197 destinations in 62 countries.
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