Deutsche Lufthansa (ETR:LHA) PT Set at €14.50 by HSBC

HSBC set a €14.50 ($16.86) price target on Deutsche Lufthansa (ETR:LHA) in a research note published on Wednesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

A number of other research firms have also recently weighed in on LHA. Credit Suisse Group set a €16.24 ($18.88) price objective on shares of Deutsche Lufthansa and gave the stock a neutral rating in a research report on Tuesday, July 23rd. Independent Research set a €15.60 ($18.14) price objective on shares of Deutsche Lufthansa and gave the stock a neutral rating in a research report on Tuesday, July 30th. Morgan Stanley set a €24.00 ($27.91) price objective on shares of Deutsche Lufthansa and gave the stock a buy rating in a research report on Tuesday, June 25th. Commerzbank set a €18.00 ($20.93) price objective on shares of Deutsche Lufthansa and gave the stock a neutral rating in a research report on Wednesday, June 19th. Finally, Kepler Capital Markets set a €22.00 ($25.58) price objective on shares of Deutsche Lufthansa and gave the stock a neutral rating in a research report on Monday, June 17th. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of Hold and an average price target of €18.31 ($21.29).

ETR:LHA opened at €14.52 ($16.88) on Wednesday. The company has a debt-to-equity ratio of 104.86, a current ratio of 0.64 and a quick ratio of 0.55. The business’s fifty day moving average is €15.17. The firm has a market capitalization of $6.90 billion and a PE ratio of 5.16. Deutsche Lufthansa has a fifty-two week low of €14.01 ($16.28) and a fifty-two week high of €24.00 ($27.91).

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.

Further Reading: Why do companies pay special dividends?

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.