Deutsche Lufthansa (ETR:LHA) Given a €6.30 Price Target at Berenberg Bank

Deutsche Lufthansa (ETR:LHA – Get Rating) received a €6.30 ($6.77) price objective from stock analysts at Berenberg Bank in a research report issued to clients and investors on Tuesday, Borsen Zeitung reports. Berenberg Bank’s price target suggests a potential downside of 12.56% from the company’s previous close.

Other equities analysts have also recently issued reports about the company. Credit Suisse Group set a €4.53 ($4.87) price objective on Deutsche Lufthansa in a research report on Thursday, February 3rd. Deutsche Bank Rese… set a €7.90 ($8.49) price objective on Deutsche Lufthansa in a research report on Thursday, March 24th. UBS Group set a €7.25 ($7.80) price objective on Deutsche Lufthansa in a research report on Friday, March 4th. Sanford C. Bernstein set a €6.00 ($6.45) target price on shares of Deutsche Lufthansa in a research note on Tuesday, April 5th. Finally, Deutsche Bank Aktiengesellschaft set a €8.30 ($8.92) target price on shares of Deutsche Lufthansa in a research note on Friday, March 4th. Seven analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Sell” and an average target price of €7.22 ($7.77).

Shares of LHA traded up €0.05 ($0.05) during mid-day trading on Tuesday, reaching €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 debt-to-equity ratio of 371.69, a quick ratio of 0.80 and a current ratio of 0.92. The firm has a 50-day moving average price of €7.04 and a 200 day moving average price of €6.62. Deutsche Lufthansa has a 52 week low of €5.24 ($5.63) and a 52 week high of €11.43 ($12.29). The company has a market capitalization of $8.61 billion and a price-to-earnings ratio of -2.41.

About Deutsche Lufthansa (Get Rating)

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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