Royal Bank of Canada Reiterates €14.50 Price Target for Deutsche Lufthansa (ETR:LHA)

Royal Bank of Canada set a €14.50 ($16.86) target price on Deutsche Lufthansa (ETR:LHA) in a research note published on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

LHA has been the topic of several other research reports. Sanford C. Bernstein set a €17.00 ($19.77) price objective on shares of Deutsche Lufthansa and gave the stock a neutral rating in a research note on Monday, July 8th. Morgan Stanley set a €125.00 ($145.35) price objective on shares of Siemens and gave the stock a buy rating in a research note on Tuesday, June 25th. Deutsche Bank upgraded shares of MGM CHINA HOLDI/ADR to a buy rating in a research note on Monday, July 1st. Kepler Capital Markets set a €22.00 ($25.58) price objective on shares of Deutsche Lufthansa and gave the stock a neutral rating in a research note on Monday, June 17th. Finally, UBS Group set a $13.00 price objective on shares of Freeport-McMoRan and gave the stock a hold rating in a research note on Wednesday, June 26th. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and six have assigned a buy rating to the company. The stock currently has an average rating of Hold and an average price target of €19.30 ($22.44).

Shares of ETR:LHA opened at €14.96 ($17.40) on Wednesday. The business has a 50 day simple moving average of €16.21. Deutsche Lufthansa has a twelve month low of €14.34 ($16.67) and a twelve month high of €24.45 ($28.43). The company has a quick ratio of 0.54, a current ratio of 0.64 and a debt-to-equity ratio of 93.69. The company has a market cap of $7.11 billion and a PE ratio of 3.81.

About Deutsche Lufthansa

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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Analyst Recommendations for Deutsche Lufthansa (ETR:LHA)

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