Deutsche Lufthansa AG (ETR: LHA) receives consensus “sell” recommendation from brokers
Shares of Deutsche Lufthansa AG (ETR: LHA – Get Rating) received an average rating of “Hold” from the twelve analysts who cover the stock, Marketbeat reports. An analyst has rated the stock with a holding rating. The 12-month average price target among brokers who have reported on the stock over the past year is €7.03 ($7.32).
Several brokerages have recently weighed in on LHA. UBS Group set a target price of €7.25 ($7.55) on Deutsche Lufthansa shares in a Friday, May 13 report. Sanford C. Bernstein set a price target of €6.00 ($6.25) on Deutsche Lufthansa shares in a Thursday, May 5 report. Deutsche Bank Aktiengesellschaft set a price target of €8.30 ($8.65) on Deutsche Lufthansa shares in a Friday, March 4 report. Berenberg Bank set a price target of €6.30 ($6.56) on Deutsche Lufthansa shares in a Tuesday, April 26 report. Finally, Barclays set a price target of €5.70 ($5.94) on Deutsche Lufthansa shares in a Thursday, May 12 report.
ETR:LHA shares opened at €6.80 ($7.09) on Friday. The company’s 50-day moving average price is $7.09 and its 200-day moving average price is $6.78. The stock has a market capitalization of $8.13 billion and a price-earnings ratio of -2.27. Deutsche Lufthansa has a fifty-two week minimum of €5.24 ($5.46) and a fifty-two week maximum of €11.25 ($11.72). The company has a quick ratio of 0.80, a current ratio of 0.92 and a debt ratio of 371.69.
About Deutsche Lufthansa (Get a rating)
Deutsche Lufthansa AG operates as an airline in Germany and internationally. The Company’s Network Airlines segment provides passenger services. Its Eurowings segment provides passenger services via a route network of more than 100 destinations in more than 50 countries. The Company’s Logistics segment offers transportation services for various cargoes, including general cargo, dangerous goods, valuables, vulnerable commodities, perishables, live animals, courier services, emergency, airmail/e-commerce and temperature-sensitive goods services to approximately 300 destinations in 100 countries.
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