Nord/LB Reiterates “€7.00” Price Target for Deutsche Lufthansa (ETR:LHA)

Nord/LB set a €7.00 ($8.14) price target on Deutsche Lufthansa (ETR:LHA) in a report issued on Monday morning, Borsen Zeitung reports. The firm currently has a sell rating on the stock.

Other analysts have also recently issued reports about the company. DZ Bank reissued a neutral rating on shares of Deutsche Lufthansa in a research note on Wednesday, March 18th. Independent Research set a €9.10 ($10.58) target price on shares of Deutsche Lufthansa and gave the stock a neutral rating in a report on Monday, March 16th. UBS Group set a €18.00 ($20.93) price target on shares of Deutsche Lufthansa and gave the company a buy rating in a research note on Monday, March 16th. Kepler Capital Markets set a €9.00 ($10.47) price target on shares of Deutsche Lufthansa and gave the company a sell rating in a report on Monday, March 16th. Finally, Berenberg Bank set a €18.00 ($20.93) price objective on shares of Deutsche Lufthansa and gave the stock a buy rating in a research report on Tuesday, February 25th. Six investment analysts have rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of €13.67 ($15.89).

ETR LHA opened at €9.58 ($11.14) on Monday. Deutsche Lufthansa has a one year low of €8.87 ($10.31) and a one year high of €22.70 ($26.40). The company has a debt-to-equity ratio of 107.04, a current ratio of 0.68 and a quick ratio of 0.56. The firm has a market cap of $4.64 billion and a P/E ratio of 3.29. The stock’s 50-day moving average is €12.26 and its 200-day moving average is €14.81.

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.

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Analyst Recommendations for Deutsche Lufthansa (ETR:LHA)

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