Sanford C. Bernstein Analysts Give Deutsche Lufthansa (ETR:LHA) a €17.00 Price Target

Sanford C. Bernstein set a €17.00 ($19.77) price target on Deutsche Lufthansa (ETR:LHA) in a research note issued to investors on Monday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Other equities analysts have also recently issued reports about the stock. UBS Group set a $13.00 price target on shares of Freeport-McMoRan and gave the company a hold rating in a report on Wednesday, June 26th. Commerzbank set a €18.00 ($20.93) price target on shares of Deutsche Lufthansa and gave the company a neutral rating in a report on Wednesday, June 19th. Deutsche Bank upgraded shares of MGM CHINA HOLDI/ADR to a buy rating in a report on Monday, July 1st. Nord/LB cut shares of Deutsche Lufthansa from a buy rating to a hold rating in a report on Tuesday, June 18th. Finally, Independent Research set a €16.60 ($19.30) price target on shares of Deutsche Lufthansa and gave the company a neutral rating in a report on Tuesday, June 25th. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and six have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of €19.30 ($22.44).

ETR:LHA traded down €0.06 ($0.07) during trading hours on Monday, hitting €14.92 ($17.34). 3,859,164 shares of the stock traded hands, compared to its average volume of 3,430,000. The business’s 50 day simple moving average is €16.31. The company has a current ratio of 0.64, a quick ratio of 0.54 and a debt-to-equity ratio of 93.69. Deutsche Lufthansa has a fifty-two week low of €14.34 ($16.67) and a fifty-two week high of €24.45 ($28.43). The firm has a market capitalization of $7.09 billion and a price-to-earnings ratio of 3.80.

About Deutsche Lufthansa

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.

Read More: Why are percentage decliners important?

Analyst Recommendations for Deutsche Lufthansa (ETR:LHA)

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.