Deutsche Lufthansa (ETR:LHA) has been assigned a €20.90 ($24.30) target price by investment analysts at Barclays in a research note issued to investors on Tuesday. The firm currently has a “sell” rating on the stock. Barclays’ price objective would indicate a potential upside of 19.77% from the stock’s previous close.
Several other brokerages also recently commented on LHA. Sanford C. Bernstein set a €29.00 ($33.72) price target on Deutsche Lufthansa and gave the stock a “buy” rating in a research report on Friday, July 20th. Kepler Capital Markets set a €19.30 ($22.44) price objective on Deutsche Lufthansa and gave the stock a “sell” rating in a report on Thursday, September 27th. Citigroup set a €19.90 ($23.14) price objective on Deutsche Lufthansa and gave the stock a “sell” rating in a report on Friday, August 31st. Royal Bank of Canada set a €37.00 ($43.02) price objective on Deutsche Lufthansa and gave the stock a “buy” rating in a report on Monday, August 13th. Finally, HSBC set a €30.00 ($34.88) price objective on Deutsche Lufthansa and gave the stock a “buy” rating in a report on Wednesday, August 1st. Six equities research analysts have rated the stock with a sell rating, five have issued a hold rating and eleven have assigned a buy rating to the company’s stock. Deutsche Lufthansa has an average rating of “Hold” and a consensus price target of €25.44 ($29.59).
ETR LHA traded down €1.39 ($1.62) during trading on Tuesday, hitting €17.45 ($20.29). The company’s stock had a trading volume of 10,726,460 shares, compared to its average volume of 3,430,000. Deutsche Lufthansa has a 52 week low of €14.23 ($16.55) and a 52 week high of €31.26 ($36.35).
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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