Credit Suisse Group set a €21.78 ($25.33) price objective on Deutsche Lufthansa (ETR:LHA) in a research note issued to investors on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other brokerages have also weighed in on LHA. Barclays set a €18.70 ($21.74) price objective on Deutsche Lufthansa and gave the company a sell rating in a report on Monday. DZ Bank reissued a neutral rating on shares of Deutsche Lufthansa in a report on Monday. Kepler Capital Markets set a €22.00 ($25.58) price objective on Deutsche Lufthansa and gave the company a neutral rating in a report on Monday. Morgan Stanley set a €24.00 ($27.91) price objective on Deutsche Lufthansa and gave the company a buy rating in a report on Monday. Finally, Independent Research set a €18.50 ($21.51) price objective on Deutsche Lufthansa and gave the company a neutral rating in a report on Monday. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and eight have given a buy rating to the stock. The stock currently has an average rating of Hold and an average price target of €21.13 ($24.57).
Shares of ETR LHA opened at €15.06 ($17.51) on Monday. Deutsche Lufthansa has a 1 year low of €14.85 ($17.27) and a 1 year high of €24.45 ($28.43). The stock has a market cap of $7.10 billion and a PE ratio of 3.83. The company has a debt-to-equity ratio of 93.69, a quick ratio of 0.54 and a current ratio of 0.64.
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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