Credit Suisse Group set a €16.24 ($18.88) price target on Deutsche Lufthansa (ETR:LHA) in a report published on Thursday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other research analysts have also recently weighed in on LHA. Nord/LB set a €15.00 ($17.44) price target on Deutsche Lufthansa and gave the company a neutral rating in a research report on Tuesday, September 24th. UBS Group set a €18.00 ($20.93) price target on Deutsche Lufthansa and gave the company a buy rating in a research report on Thursday. Oddo Bhf set a €16.40 ($19.07) price target on Deutsche Lufthansa and gave the company a neutral rating in a research report on Wednesday, July 31st. Royal Bank of Canada set a €14.00 ($16.28) price objective on Deutsche Lufthansa and gave the company a neutral rating in a report on Thursday. Finally, Deutsche Bank set a €15.50 ($18.02) price objective on Deutsche Lufthansa and gave the company a neutral rating in a report on Wednesday, July 31st. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of €17.26 ($20.07).
LHA stock traded up €0.16 ($0.19) during trading on Thursday, hitting €17.43 ($20.26). 5,938,481 shares of the company traded hands, compared to its average volume of 3,430,000. The stock’s 50-day simple moving average is €15.08 and its 200 day simple moving average is €16.09. The company has a debt-to-equity ratio of 104.86, a current ratio of 0.64 and a quick ratio of 0.55. The company has a market cap of $8.38 billion and a PE ratio of 6.20. Deutsche Lufthansa has a 1 year low of €12.58 ($14.63) and a 1 year high of €23.66 ($27.51).
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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