Sanford C. Bernstein Reiterates €15.00 Price Target for Deutsche Lufthansa (ETR:LHA)

Sanford C. Bernstein set a €15.00 ($17.44) price target on Deutsche Lufthansa (ETR:LHA) in a research note published on Monday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Other equities research analysts also recently issued reports about the company. HSBC set a €14.50 ($16.86) target price on Deutsche Lufthansa and gave the stock a neutral rating in a research report on Thursday, August 8th. Berenberg Bank set a €15.50 ($18.02) price target on Deutsche Lufthansa and gave the company a neutral rating in a report on Wednesday, July 31st. UBS Group set a €18.00 ($20.93) price objective on Deutsche Lufthansa and gave the stock a buy rating in a research report on Tuesday, September 3rd. Deutsche Bank set a €15.50 ($18.02) price objective on Deutsche Lufthansa and gave the stock a neutral rating in a research report on Wednesday, July 31st. Finally, Morgan Stanley set a €24.00 ($27.91) price objective on Deutsche Lufthansa and gave the stock a buy rating in a report on Tuesday, June 25th. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and six have assigned a buy rating to the company. The company presently has an average rating of Hold and an average price target of €18.01 ($20.94).

Shares of LHA opened at €14.79 ($17.19) on Monday. The company has a 50-day simple moving average of €14.17 and a 200-day simple moving average of €17.92. The firm has a market capitalization of $7.03 billion and a P/E ratio of 5.26. The company has a debt-to-equity ratio of 104.86, a quick ratio of 0.55 and a current ratio of 0.64. Deutsche Lufthansa has a 52 week low of €12.58 ($14.63) and a 52 week high of €23.66 ($27.51).

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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Analyst Recommendations for Deutsche Lufthansa (ETR:LHA)

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