Deutsche Lufthansa (ETR:LHA) received a €25.22 ($29.33) target price from research analysts at Credit Suisse Group in a report released on Friday. The brokerage currently has a “buy” rating on the stock. Credit Suisse Group’s target price indicates a potential upside of 18.91% from the stock’s current price.
Other research analysts have also issued reports about the company. Kepler Capital Markets set a €23.50 ($27.33) target price on Deutsche Lufthansa and gave the stock a “buy” rating in a report on Monday, November 26th. Sanford C. Bernstein set a €27.00 ($31.40) target price on Deutsche Lufthansa and gave the stock a “buy” rating in a report on Monday, November 26th. UBS Group reiterated a “buy” rating on shares of Deutsche Lufthansa in a report on Wednesday, November 21st. Royal Bank of Canada set a €27.00 ($31.40) price target on Deutsche Lufthansa and gave the company a “buy” rating in a research note on Tuesday, December 18th. Finally, HSBC set a €25.00 ($29.07) price target on Deutsche Lufthansa and gave the company a “buy” rating in a research note on Tuesday, December 18th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of €25.19 ($29.29).
LHA stock opened at €21.21 ($24.66) on Friday. Deutsche Lufthansa has a 1-year low of €14.23 ($16.55) and a 1-year high of €31.26 ($36.35).
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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