Berenberg Bank Analysts Give Deutsche Lufthansa (LHA) a €22.00 Price Target

Berenberg Bank set a €22.00 ($25.58) price objective on Deutsche Lufthansa (ETR:LHA) in a research report released on Tuesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other research firms have also recently issued reports on LHA. Sanford C. Bernstein set a €27.00 ($31.40) price objective on Deutsche Lufthansa and gave the stock a buy rating in a report on Thursday, February 21st. Citigroup set a €30.00 ($34.88) price objective on Deutsche Lufthansa and gave the stock a buy rating in a report on Thursday, March 7th. Kepler Capital Markets set a €24.70 ($28.72) price objective on Deutsche Lufthansa and gave the stock a buy rating in a report on Monday, March 11th. HSBC set a €26.00 ($30.23) price objective on Deutsche Lufthansa and gave the stock a buy rating in a report on Thursday, April 18th. Finally, Royal Bank of Canada restated a buy rating on shares of Deutsche Lufthansa in a report on Tuesday, February 19th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. Deutsche Lufthansa currently has an average rating of Buy and a consensus price target of €24.94 ($29.00).

LHA stock opened at €21.08 ($24.51) on Tuesday. Deutsche Lufthansa has a 52-week low of €17.05 ($19.82) and a 52-week high of €25.54 ($29.70). The company has a debt-to-equity ratio of 93.69, a quick ratio of 0.54 and a current ratio of 0.64. The firm has a market cap of $9.93 billion and a PE ratio of 5.37.

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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