Deutsche Lufthansa AG (LHA) Received a €20.00 Target Price at HSBC Stake plc

Deutsche Lufthansa AG (LHA) Received a €20.00 Target Price at HSBC Stake plc

HSBC Holdings plc set a €20.00 ($22.47) price objective on Deutsche Lufthansa AG (ETR:LHA) in a research report released on Friday morning. The brokerage currently has a buy rating on the stock.

Other equities analysts also recently issued research reports about the company. Societe Generale set a €14.50 ($16.29) price objective on Deutsche Lufthansa AG and gave the stock a buy rating in a research report on Tuesday, February 7th. Oddo Securities set a €15.00 ($16.85) price objective on Deutsche Lufthansa AG and gave the stock a buy rating in a research report on Friday, February 3rd. Nord/LB set a €16.50 ($18.54) target price on Deutsche Lufthansa AG and gave the company a buy rating in a research report on Thursday, March 16th. BNP Paribas set a €18.00 ($20.22) target price on Deutsche Lufthansa AG and gave the company a buy rating in a research report on Tuesday, April 11th. Finally, Citigroup Inc set a €20.00 ($22.47) target price on Deutsche Lufthansa AG and gave the company a buy rating in a research report on Friday, April 28th. Ten equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of €14.08 ($15.82).

Shares of Deutsche Lufthansa AG (ETR:LHA) traded up 1.729% during mid-day trading on Friday, hitting €17.712. The stock had a trading volume of 37,355 shares. The firm has a 50 day moving average of €16.41 and a 200-day moving average of €14.02. Deutsche Lufthansa AG has a one year low of €9.14 and a one year high of €17.84. The stock has a market cap of €8.30 billion and a P/E ratio of 4.827.

About Deutsche Lufthansa AG

Deutsche Lufthansa AG is an aviation company. The Company’s segments include; Logistics; maintenance, repair and overhaul services (MRO), Catering and Other. Its Passenger Airline Group segment includes the airlines Lufthansa Passenger Airlines, SWISS, Austrian Airlines and Eurowings. Lufthansa Cargo is the logistics services provider in the Lufthansa Group.

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