Deutsche Lufthansa (ETR:LHA – Get Rating) has been assigned a €6.00 ($6.45) price target by Sanford C. Bernstein in a report released on Tuesday, Borsen Zeitung reports. Sanford C. Bernstein’s price objective would indicate a potential downside of 16.72% from the stock’s current price.
LHA has been the subject of several other reports. Deutsche Bank Aktiengesellschaft set a €8.30 ($8.92) price objective on shares of Deutsche Lufthansa in a report on Friday, March 4th. Barclays set a €5.20 ($5.59) price target on shares of Deutsche Lufthansa in a research note on Friday. The Goldman Sachs Group set a €8.00 ($8.60) price target on shares of Deutsche Lufthansa in a research note on Monday, March 28th. Deutsche Bank Rese… set a €7.90 ($8.49) price target on shares of Deutsche Lufthansa in a research note on Thursday, March 24th. Finally, Berenberg Bank set a €6.30 ($6.77) price target on shares of Deutsche Lufthansa in a research note on Tuesday. Seven equities research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Sell” and a consensus price target of €7.22 ($7.77).
ETR LHA traded up €0.05 ($0.05) during trading on Tuesday, hitting €7.21 ($7.75). The company had a trading volume of 4,769,041 shares, compared to its average volume of 3,430,000. The company has a current ratio of 0.92, a quick ratio of 0.80 and a debt-to-equity ratio of 371.69. Deutsche Lufthansa has a one year low of €5.24 ($5.63) and a one year high of €11.43 ($12.29). The company has a market cap of $8.61 billion and a price-to-earnings ratio of -2.41. The company’s fifty day moving average is €7.04 and its 200-day moving average is €6.62.
Deutsche Lufthansa AG operates as an aviation company in Germany and internationally. The company's Network Airlines segment offers passenger services. Its Eurowings segment provides passenger services through a route network of more than 100 destinations in over 50 countries. The company's Logistics Business segment offers transport services for various cargoes, including general cargo, dangerous goods, valuables, vulnerable, perishables, live animals, courier, emergency, airmail/e-commerce, and temperature sensitive goods services approximately 300 destinations in 100 countries.
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