Deutsche Lufthansa (ETR:LHA) has been given a €17.00 ($19.77) target price by investment analysts at Sanford C. Bernstein in a report issued on Monday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. Sanford C. Bernstein’s price objective would indicate a potential upside of 11.22% from the company’s previous close.
A number of other research firms have also weighed in on LHA. UBS Group set a $13.00 target price on shares of Freeport-McMoRan and gave the stock a “hold” rating in a report on Wednesday, June 26th. Deutsche Bank raised shares of MGM CHINA HOLDI/ADR to a “buy” rating in a report on Monday, July 1st. Barclays reaffirmed a “sell” rating and set a $5.00 target price on shares of Deutsche Bank in a report on Wednesday, July 17th. Oddo Bhf set a €17.20 ($20.00) price target on shares of Deutsche Lufthansa and gave the stock a “neutral” rating in a research note on Tuesday, June 18th. Finally, Credit Suisse Group started coverage on shares of Magna International in a research note on Wednesday, June 26th. They issued a “neutral” rating and a $55.00 price target for the company. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and five have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of €18.94 ($22.02).
Deutsche Lufthansa stock opened at €15.29 ($17.77) on Monday. The business’s 50 day moving average price is €15.72. The company has a quick ratio of 0.54, a current ratio of 0.64 and a debt-to-equity ratio of 93.69. The company has a market cap of $7.26 billion and a price-to-earnings ratio of 3.89. Deutsche Lufthansa has a 1-year low of €14.34 ($16.67) and a 1-year high of €24.45 ($28.43).
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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