Deutsche Lufthansa (ETR:LHA) has been given a €18.55 ($21.57) price objective by investment analysts at UBS Group in a report released on Thursday, June 20th, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. UBS Group’s price objective suggests a potential upside of 23.83% from the stock’s current price.
A number of other research analysts also recently commented on LHA. Kepler Capital Markets set a €22.00 ($25.58) price target on Deutsche Lufthansa and gave the company a “neutral” rating in a research note on Monday, June 17th. Deutsche Bank reiterated a “buy” rating and issued a GBX 4,000 ($52.27) target price on shares of in a research report on Tuesday, June 18th. HSBC cut Deutsche Lufthansa from a “buy” rating to a “hold” rating in a research report on Tuesday, June 18th. Commerzbank set a €18.00 ($20.93) target price on Deutsche Lufthansa and gave the company a “neutral” rating in a research report on Wednesday, June 19th. Finally, Nord/LB cut Deutsche Lufthansa from a “buy” rating to a “hold” rating in a research report on Tuesday, June 18th. One research 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 company has an average rating of “Hold” and a consensus price target of €19.30 ($22.44).
LHA stock traded up €0.05 ($0.06) during trading on Thursday, hitting €14.96 ($17.40). The stock had a trading volume of 3,238,227 shares, compared to its average volume of 3,430,000. 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 debt-to-equity ratio of 93.69, a current ratio of 0.64 and a quick ratio of 0.54. The stock has a market cap of $7.11 billion and a PE ratio of 3.81. The business’s 50-day moving average price is €16.26.
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.
See Also: How is a price target determined?
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.