Independent Research set a €15.60 ($18.14) target price on Deutsche Lufthansa (ETR:LHA) in a report issued on Tuesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other research firms have also recently issued reports on LHA. Kepler Capital Markets set a €22.00 ($25.58) price target on shares of Deutsche Lufthansa and gave the company a neutral rating in a research note on Monday, June 17th. Deutsche Bank set a €15.50 ($18.02) target price on shares of Deutsche Lufthansa and gave the stock a neutral rating in a research note on Monday, July 1st. DZ Bank reaffirmed a neutral rating on shares of Deutsche Lufthansa in a research note on Tuesday, June 25th. Commerzbank set a €18.00 ($20.93) target price on shares of Deutsche Lufthansa and gave the stock a neutral rating in a research note on Wednesday, June 19th. Finally, Berenberg Bank set a €16.50 ($19.19) target price on shares of Deutsche Lufthansa and gave the stock a neutral rating in a research note on Wednesday, July 24th. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and five have given a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of €18.31 ($21.29).
Deutsche Lufthansa stock opened at €14.28 ($16.60) on Tuesday. The company has a fifty day moving average of €15.24. Deutsche Lufthansa has a 1 year low of €14.01 ($16.28) and a 1 year high of €24.00 ($27.91). The firm has a market cap of $6.79 billion and a PE ratio of 5.08. The company has a quick ratio of 0.55, a current ratio of 0.64 and a debt-to-equity ratio of 104.86.
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.
Recommended Story: What is meant by holder of record?
Receive News & Ratings for Deutsche Lufthansa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche Lufthansa and related companies with MarketBeat.com's FREE daily email newsletter.