Deutsche Lufthansa (ETR:LHA) received a €24.00 ($27.91) price target from investment analysts at Morgan Stanley in a research report issued to clients and investors on Tuesday, April 9th, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Morgan Stanley’s price objective would suggest a potential upside of 13.85% from the stock’s previous close.
LHA has been the topic of several other research reports. Sanford C. Bernstein set a €27.00 ($31.40) price objective on shares of Deutsche Lufthansa and gave the company a “buy” rating in a research note on Wednesday, March 6th. Citigroup set a €30.00 ($34.88) target price on shares of Deutsche Lufthansa and gave the stock a “buy” rating in a research report on Thursday, March 7th. Royal Bank of Canada set a €27.00 ($31.40) target price on shares of Deutsche Lufthansa and gave the stock a “buy” rating in a research report on Tuesday, December 18th. Kepler Capital Markets set a €24.70 ($28.72) target price on shares of Deutsche Lufthansa and gave the stock a “buy” rating in a research report on Monday, March 11th. Finally, UBS Group set a €28.50 ($33.14) target price on shares of Deutsche Lufthansa and gave the stock a “buy” rating in a research report on Tuesday, February 12th. One research 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. The stock currently has a consensus rating of “Buy” and an average target price of €24.94 ($29.00).
Deutsche Lufthansa stock traded down €0.45 ($0.52) during trading hours on Tuesday, hitting €21.08 ($24.51). The company had a trading volume of 5,116,075 shares, compared to its average volume of 3,430,000. The firm has a market cap of $9.93 billion and a PE ratio of 5.37. 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 has a fifty-two week low of €17.05 ($19.82) and a fifty-two week high of €25.54 ($29.70).
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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