Independent Research Reiterates “€19.00” Price Target for Deutsche Lufthansa (ETR:LHA)

Deutsche Lufthansa (ETR:LHA) has been assigned a €19.00 ($22.09) price objective by stock analysts at Independent Research in a research report issued on Tuesday, October 30th. The firm currently has a “neutral” rating on the stock. Independent Research’s price target suggests a potential downside of 6.54% from the stock’s current price.

A number of other equities analysts have also commented on LHA. Cfra set a €27.60 ($32.09) price objective on Deutsche Lufthansa and gave the stock a “buy” rating in a research note on Wednesday, August 1st. Societe Generale set a €28.00 ($32.56) price objective on Deutsche Lufthansa and gave the stock a “buy” rating in a research note on Tuesday, July 31st. Royal Bank of Canada set a €36.00 ($41.86) price target on Deutsche Lufthansa and gave the company a “buy” rating in a research note on Friday, July 20th. HSBC set a €31.00 ($36.05) price target on Deutsche Lufthansa and gave the company a “buy” rating in a research note on Monday, July 2nd. Finally, Credit Suisse Group set a €30.58 ($35.56) price target on Deutsche Lufthansa and gave the company a “buy” rating in a research note on Wednesday, August 1st. Five equities research analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of €24.82 ($28.86).

Deutsche Lufthansa stock traded down €0.05 ($0.06) during mid-day trading on Tuesday, reaching €20.33 ($23.64). 2,292,537 shares of the company were exchanged, compared to its average volume of 3,430,000. Deutsche Lufthansa has a 12 month low of €14.23 ($16.55) and a 12 month high of €31.26 ($36.35).

Deutsche Lufthansa Company Profile

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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Analyst Recommendations for Deutsche Lufthansa (ETR:LHA)

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